ST PETER PORT, Guernsey, January 24, 2011 /PRNewswire/ -- Alexander Jackson, who joined the boards of Tetragon Financial Group Limited ("TFG") and Tetragon Financial Group Master Fund Limited (the "Master Fund") in December 2008, has ceased to be a director of each company effective 24 January 2011, having been given notice by all of the other directors to vacate office. The notice comes as 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, in relation to differences in views between Mr. Jackson and the other directors. Mr. Jackson remains a principal of Tetragon Financial Management LP, the investment manager to TFG and the Master Fund.
Tetragon Financial Group Limited (TFG) is a Guernsey closed-ended investment company traded on Euronext Amsterdam by NYSE Euronextunder the ticker symbol "TFG."
Tetragon Financial Group Limited (TFG) is a Guernsey closed-ended investment company traded on Euronext Amsterdam by NYSE Euronext under the ticker symbol "TFG" that currently invests primarily through long-term funding vehicles such as collateralized loan obligations in selected securitized asset classes and aims to provide stable returns to investors across various interest rate and credit cycles.
This release does not contain or constitute an offer to sell or a solicitation of an offer to purchase securities in the United States or any other jurisdiction. The securities of TFG have not been and will not be registered under the US Securities Act of 1933 (the "Securities Act"), as amended, and may not be offered or sold in the United States or to US persons unless they are registered under applicable law or exempt from registration. TFG does not intend to register any portion of its securities in the United States or to conduct a public offer of securities in the United States. In addition, TFG has not been and will not be registered under the US Investment Company Act of 1940, and investors will not be entitled to the benefits of such Act. TFG is registered in the public register of the Netherlands Authority for the Financial Markets under Section 1:107 of the Financial Markets Supervision Act ("FMSA") as a collective investment scheme from a designated country. This release constitutes regulated information ("gereglementeerde informatie") within the meaning of Section 1:1 of the FMSA.
For further information, please contact: TFG: David Wishnow/Yuko Thomas Investor Relations email@example.com Press Inquiries: Citigate Dewe Rogerson Michael Berkeley/Justin Griffiths/Clare Simonds +44-20-7638-9571 firstname.lastname@example.org
SOURCE Tetragon Financial Group Limited