Tetragon Board Axes Polygon Co-Founder

Polygon Investment Partners’ co-founder, Alexander Jackson, has been terminated from the board of the firm’s $1 billion structured credit fund, Tetragon Financial Group (TFG), The Wall Street Journal reports. Jackson received a notice from the Amsterdam-listed company’s board as he disagreed over its investment last year in GreenOak Real Estate.

Jackson will continue his duties as a principal of TFG’s investment manager, TetragonFinancial Management, which was set up by Polygon in 2005 to make credit investments. Jackson co-founded Polygon in 2002 but stepped down as a principal in 2008.

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