What year was Arrowgrass started and who were its founders?
Hedge Fund Arrowgrass to Return Capital, Close After Fresh Redemptions
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Arrowgrass, founded in 2008 by former Deutsche Bank traders, is facing financial difficulties, with a decline in performance attributed to low interest rates. Despite the market's growth, Arrowgrass is down significantly, leading to internal and legal challenges, including a lawsuit involving an employee and issues with investor redemptions.
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2.
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What are the reasons given for the company's performance issues?
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What legal issue is the company currently facing?
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What significant financial decline has the firm experienced since 2017?
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How much were investors asking to redeem from the firm?
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