Tetragon squares up to rivals in fourth fund float

Thursday 19 April 2007 at 15:58

Tetragon Financial Group, a credit hedge fund controlled by the UK's Polygon Investment Management, has become the fourth alternative asset manager to float in the last six months and the second this year.

Tetragon raised $300m (€221m) from its Amsterdam listing, which comes just over a month after Brevan Howard, another hedge fund, completed a €770m ($1.1bn) London listing.