Pair Of Polygon Funds Up Over 20%

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.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...