Jackson ousted from board

Alexander Jackson, co-founder of UK hedge fund Polygon Investment Partners, has been ousted from the board of a listed credit vehicle he helped set up six years ago. Jackson was yesterday removed from the board of directors of Tetragon Financial Group (TFG) by its other directors. The Amsterdam-listed firm said the move was “a result of Mr. Jackson's conduct following the board’s approval in July 2010 of the investment in GreenOak Real Estate, from which Mr. Jackson dissented.” Jackson will remain a principal of Tetragon Financial Management, the former Polygon Investment management and investment manager of TFG.