Polygon partner Alex Jackson steps aside after losses

June 4th, 2008
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Alex Jackson, co-founder of Polygon Investment Management, is no longer investing after clients pulled out $2bn in funds. Polygon's investment strategy based in shareholder activism has fallen out of favor with its clientele. Reade Griffith another co-founder will take charge of the investment for the main fund. The move comes after the fund's value fell from a peak of $8bn to $6bn. Mr. Jackson will move to the company's Tetragon the firm's Amsterdam-listed loan vehicle which invests in the riskiest portions of collateralized loan obligations.
For Detailed Investor Profiles on these Investors, click below:
Polygon Investment Partners
Related People: Alexander Jackson; Reade Griffith
Related Entities: Kings Road Investments; Polygon Credit Income; Polygon Debt Holdings; Polygon Global Opportunities

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