Power management through dynamic core, cache and frequency adaptation is becoming a necessity in today?s power-constrained many-core environments. Unfortunately, as core count grows, the complexity of both the adaptation hardware and the power management algorithms increases. In this paper, we propose a two-tier hierarchical power management methodology to exploit per-tile voltage regulators and clustered last-level caches. In addition, we include a novel thread migration layer that (i) analyzes threads running on the tiled many-core processor for shared resource sensitivity in tandem with core, cache and frequency adaptation, and (ii) co-schedules threads per tile with compatible behavior.