Deutsche Bank Credit Trader Danford To Hedge Fund Arrowgrass

May 4 2011 | 11:41am ET

A top Deutsche Bank trader has left the firm for a hedge fund spun off from the bank three years ago.

Scott Danford has joined Arrowgrass Capital Partners, the New York- and London-based multi-strategy firm launched in 2008 by former Deutsche Bank traders Henry Kenner, Nick Niell, James Barty and Michael Sung Wook Chung. The firm runs a managed account for Deutsche Bank.

Danford was a star credit trader at Deutsche Bank, and is the third credit trader—after Thomas Curran, now at Rose Grove Capital Management, and Prakash Narayana, now with Saba Capital Management—to leave Deutsche Bank this year for a hedge fund founded by a Deutsche alumnus, Bloomberg News reports.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of