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
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...