Tuesday, 30 June 2015
Last updated 1 hour 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…