Polygon confirms plans for multi-strategy unwinding by Q1 2011, presses ahead with expansion of multi-fund investing approach

Thu Oct 21, 2010

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Polygon, the London-based fund management group led by Reade Griffith and Paddy Dear, has given its investors more details on its plans to complete the return of cash in its multi-strategy fund by the end of the first quarter of next year.

Reade Griffith

A key part of the final unwinding of the once multi-billion-dollar fund – which was first outlined in June – will involve the secondary auction by Credit Suisse of the fund’s remaining illiquid assets, mainly private equity.

Investors will have the option, assuming a successful...

ISSN: 2151-1845 / CDC10004H

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