Tuesday, 13 October 2015
Last updated 46 min ago
Sep 17 2012 | 1:55pm ET
Polygon Investment Partners aims to tap into the recent commodities turbulence with a new hedge fund focused on the mining sector.
The London-based firm rolled the fund without fanfare this summer, seeded with internal capital, Reuters reports. The long/short vehicle is led by Mike Humphries and Peter Bell, the latter formerly a mining analyst at MKM Longboat.
Polygon, which is struggling to rebuild its business after taking a battering during the financial crisis—it completed the long-drawn-out liquidation of its former flagship, Global Opportunities, last year—said the fund will invest in "misunderstood and mis-valued companies" using a "bottom-up" strategy.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…