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

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…