Polygon breaks the multistrat mold - just don't call it activist
Polygon breaks the multistrat mold - just don't call it activist Alex Jackson, Reade Griffith, Paddy Dear (left to right)
By Barry Cohen
Those who think Polygon Investment Partners is European no doubt haven't been reading the British press, where it has been referred to as a "secretive, aggressive American hedge fund" for its well-publicized shareholder role in such hostile M&A deals as British Energy and Telent. Polygon's actions in those situations have a decidedly American bent, earning the multistrategy firm the activist label.
Polygon denies being an activist firm, preferring the term