Key Takeaways
- • Arrowgrass Capital Partners is a London-based hedge fund founded in February 2008 by Nick Niell, operating as an FCA-authorized investment manager with offices in London and New York.
- • The firm was established by former Deutsche Bank traders and has maintained a European-focused alternative asset management strategy since inception.
- • Andrew Billett joined Arrowgrass in 2008 from Walter Capital Management (a SAC Capital subsidiary), where he served as partner and portfolio manager, bringing significant distressed debt expertise to the organization.
- • Arrowgrass operates as a Limited Liability Partnership registered in England and Wales (Partnership Number OC309628, FCA Firm Reference 413647) with registered headquarters at 483 Green Lanes, London, N13 4BS.
Summary
Arrowgrass Capital Partners is a European-focused alternative asset manager founded in February 2008 by Nick Niell. The firm was established by a group of former Deutsche Bank traders and operates from dual offices in London and New York. As an FCA-authorized investment manager, Arrowgrass manages multiple investment funds and maintains its primary headquarters in London, where it is registered as a Limited Liability Partnership under English law (Partnership Number OC309628, FCA Firm Reference 413647).
The firm's leadership includes Andrew Billett, who joined Arrowgrass in 2008 from Walter Capital Management, a subsidiary of SAC Capital, where he held the position of partner and portfolio manager. This appointment brought specialist distressed debt and restructuring experience to the firm's investment team during its formative years. Arrowgrass's operational structure reflects its positioning as a specialized alternative investment manager serving institutional clients across European and North American markets.
The hedge fund's regulatory standing is maintained through FCA authorization for specific activities and product types, with formal registration documented on the FCA register and Companies House records. The firm operates under standard partnership governance structures typical of London-based alternative asset managers, maintaining compliance with UK regulatory requirements for investment management and fund operations.
The firm's leadership includes Andrew Billett, who joined Arrowgrass in 2008 from Walter Capital Management, a subsidiary of SAC Capital, where he held the position of partner and portfolio manager. This appointment brought specialist distressed debt and restructuring experience to the firm's investment team during its formative years. Arrowgrass's operational structure reflects its positioning as a specialized alternative investment manager serving institutional clients across European and North American markets.
The hedge fund's regulatory standing is maintained through FCA authorization for specific activities and product types, with formal registration documented on the FCA register and Companies House records. The firm operates under standard partnership governance structures typical of London-based alternative asset managers, maintaining compliance with UK regulatory requirements for investment management and fund operations.
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