Wednesday, 17 September 2014
Last updated 8 hours ago
Dec 8 2010 | 10:25am ET
The year 2010 has been quite the mixed bag for Polygon Investment Partners. The London-based firm in October moved to accelerate the liquidation of its flagship fund, but two newer offerings have given it something to smile about.
Both the Polygon European Equity Opportunity Fund and Convertible Opportunity Fund are up in excess of 20% this year. The former, headed by firm co-founder Reade Griffith, is up 24.8% on the year after adding 2.25% last month, Dow Jones Newswires reports. The latter, managed by Mike Humphries, is up 23.03% following a 1.23% November return.
The two funds were launched last year, as Polygon sought to move away from multi-strategy vehicles, such as its crippled flagship, which lost almost half of its value two years ago, to single-strategy funds.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The London Whale saga is a twist on the typical rogue trader story as the rogue trader recognized the error of his ways and was prepared to take his medicine but was instructed by superiors to “defe...