Polygon Up Over 7%

Mar 11 2014 | 12:18pm ET

Polygon Global Partners remained hot in February, adding 2.69% to its already strong January return.

London-based Polygon is up 7.11% through the year's first two months, ValueWalk reports. The firm managed the return in spite of exposure to Raiffeisen Bank, which has shelved plans to sell its Ukrainian unit amidst the unrest in that country.

"We are closely monitoring the situation and do not expect to hold shares for as long as originally anticipated," the hedge fund said.

Polygon made up for that position with bets on Spanish real-estate company Inmobiliaria Colonial and Vodafone Group, it said.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...