Ex-Deutsche Prop Traders Spin Out Multi-Strat Hedge Fund

Apr 2 2008 | 7:05am ET

A group of former Deutsche Bank proprietary traders have spun out from the German bank, launching their own multi-strategy hedge fund shop dubbed Arrowgrass Capital Partners.

The new firm is reportedly looking to raise about $1 billion for its global multi-strategy, multi-asset class offering, the Arrowgrass Master Fund.


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