Reuters – Polar Capital Holdings Plc said on Wednesday that Julian Barnett, the founder and manager of hedge fund Polar Capital Paragon Fund Ltd, has resigned.
The firm said Barnett had decided to leave for personal reasons, and would continue to manage the fund until it was wound down and assets returned to investors.
The London-based fund management firm said the departure was amicable and that Barnett, who set up the Paragon fund in 2004, would take a break from fund management.