Polygon Launches Mining Hedge Fund

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.


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