Polygon Offers Low Fees to Retain Investors

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Headline: Polygon Offers Low Fees to Retain Investors

Polygon, a big multi-strategy hedge fund firm that got clobbered last year, has begun soliciting capital for a pair of single-strategy funds that offer unusually low fees to existing investors. The London firm, run by Reade Griffith and Paddy Dear, is prepping one fund that would focus on European equities and another that would target convertible-bond arbitrage. The firm is trying to lure investors from its flagship Polygon Global Opportunities Fund, a $4 billion multi-strategy vehicle that lost 30 last year through October and is now unwinding.

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Polygon Offers Low Fees to Retain Investors

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Tagged as: european, expertise, from-the-multi, fund-industry, join-the-new, now-unwinding-, paddy-dear, polygon-global