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Arrowgrass to 'close' flagship after strong returns and growth

November 26, 2009  

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Arrowgrass, the big London-based hedge fund group led by highly-regarded former Deutsche Bank trader CIO Nick Niell, is 'closing' its flagship multi-strategy Arrowgrass Master Fund on the back of impressive performance and steady growth in assets since its launch nearly two years ago.

Having attracted strong demand from institutional investors in recent months, the fund is closing at $2.25...

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