Polygon switch to multi-fund focus generates good returns


Funds were among the relatively few Europe-based hedge funds to demonstrate positive performance in both April and May

The repositioning of Polygon from a multi-strategy to a multi-fund firm is providing strong results for early investors in the new strategies, with the firm racking up excellent performance with its first two single-strategy products after their first year.

Reade Griffith

The Polygon Convertible Opportunity Fund, run by former MKM Longboat founder Mike Humphries and his team, including convertible specialist and fund principal Rob Dorfman, was up by over 58% after completing its first 12 months to the end of April.

The event-focused Polygon European Equity Opportunity Fund - led by Reade Griffith, who has specialised in