27 Nov 2013 2013 EuroHedge Award Nomination - Event Driven & Distressed category

The Polygon European Equity Opportunity Fund was nominated for a 2013 EuroHedge Award in the Event Driven & Distressed category.  There were seven other nominees for this award.

The EuroHedge Award is compiled by EuroHedge magazine, a publication of Hedge Fund Intelligence.  Information about the award, including nomination and winning criteria, is available below and at www.hedgefundintelligence.com. 1

To be considered for an award, funds must submit performance data to the HedgeFund Intelligence Database and have at least a 12-month track record history.

The only exception to this rule is for new fund awards where a minimum seven-month track record is required; for these awards, the funds' whole performance history to date is taken into account.

Winners are decided using an established methodology based upon a combination of Sharpe ratios and returns over the relevant time period.

Nominations are decided by those funds in each peer group that achieve the strongest Sharpe ratios over 12 months, so long as they also beat the median returns in their relevant peer groups and are within 10% of their high-water marks.

The eventual winners will be the funds that have the best returns, as long as they also have Sharpe ratios within 25% of the best Sharpe of the nominees in their relevant peer groups.

Most of the award categories require a minimum asset level of at least $100 million.  The only exceptions are the Emerging Manager & Smaller Fund and the New Fund of the Year awards, where the minimum is set at $30 million, and the Long-Term Performance awards, where the minimum asset level is $500 million.

27 Nov 2013 2013 EuroHedge Award Nomination - Convertible & Volatility category

The Polygon Convertible Opportunity Fund  was also nominated for 2012 EuroHedge Awards in the Convertible & Volatility category. There were six other nominees for this award.

The EuroHedge Award is compiled by EuroHedge magazine, a publication of Hedge Fund Intelligence.  Information about the award, including nomination and winning criteria, is available below and at www.hedgefundintelligence.com .

Award Criteria To be considered for an award, funds must submit performance data to the HedgeFund Intelligence Database and have at least a 12-month track record history.

The only exception to this rule is for new fund awards where a minimum seven-month track record is required; for these awards, the funds' whole performance history to date is taken into account.

Winners are decided using an established methodology based upon a combination of Sharpe ratios and returns over the relevant time period.

Nominations are decided by those funds in each peer group that achieve the strongest Sharpe ratios over 12 months, so long as they also beat the median returns in their relevant peer groups and are within 10% of their high-water marks.

The eventual winners will be the funds that have the best returns, as long as they also have Sharpe ratios within 25% of the best Sharpe of the nominees in their relevant peer groups.

Most of the award categories require a minimum asset level of at least $100 million.  The only exceptions are the Emerging Manager & Smaller Fund and the New Fund of the Year awards, where the minimum is set at $30 million, and the Long-Term Performance awards, where the minimum asset level is $500 million.

10 Jun 2013 Polygon becomes signatory to the Hedge Fund Standards Board

London, June 10 2013, Polygon Global Partners LLP announced today it has become a signatory to the Hedge Fund Standards Board ('HFSB'), a standard setting body for the hedge fund industry. 

The Hedge Fund Standards Board is a standard setting body for the hedge fund industry. It is custodian of the Hedge Fund Standards which provide a mechanism for creating a framework of transparency, integrity and good governance that maintain a high reputation for the industry, facilitate investor due diligence and complement public policy. 

The HFSB brings together managers, investors, regulators and consultants from around the world to help determine how the hedge fund industry should operate. Over 100 Hedge Fund Managers so far have committed to the Standards accounting for over USD 500bn in AUM. Around 60 major international investors, including pension and endowment funds, sovereign wealth funds and funds of funds, have embraced the HFSB as members of the Investor Chapter to drive adoption of the Standards.

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15 Apr 2013 2013 HFMWeek Award Nomination - Relative Value category

The Polygon Convertible Opportunity Fund was nominated for a 2013 HFMWeek Performance Award in the Relative Value category.  There were five other nominees for this award.

The HFM Week Award is compiled by HFM Week magazine, a publication of Pageant Media.  Information about the award, including nomination and winning criteria, is available below and at www.hfmweek.com.

Rules for inclusion, entry criteria and judging decisions:

Funds interested in participating in the awards program must submit all information via the HFMWeek European Performance Awards Entry Form.

Funds submitting in all categories must have their management/advisory company or team based in the UK or Europe.

Funds must trade/invest primarily - defined as at least 75% of the portfolio over the last three years - in one or more of the 39 strategies described by the categories on the Entry Form; have a minimum of 25 million (USD) in assets under management ending December 2012; and have a track record of three years at the date defined by HFMWeek, with the exception of funds applying for a "newcomer" award in which case they must have a track record of 12-35 months of performance at the date defined by HFMWeek.

The judging panel comprises representatives from HFMWeek, leading institutional and private investors and industry experts.  Each member of the judging panel will have an equal vote in choosing the winners in each category.  Decisions should be unanimous, but a majority will suffice.  Judging decisions will be based on performance, qualitative information and structural criteria.

The above information is a summary taken from HFMWeek's website at www.hfmweek.com and does not purport to be full and complete.  Please refer to the website for a full explanation of the award criteria and process, which may change from year to year.