{"id":45239,"date":"2014-12-02T07:54:22","date_gmt":"2014-12-02T12:54:22","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=45239"},"modified":"2014-12-02T07:54:22","modified_gmt":"2014-12-02T12:54:22","slug":"deutsche-bank-expected-to-sell-stake-in-london-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2014\/deutsche-bank-expected-to-sell-stake-in-london-hedge-fund.html","title":{"rendered":"Deutsche Bank expected to sell stake in London hedge fund"},"content":{"rendered":"<p>FN &#8211; Deutsche Bank is in advanced talks to sell its minority stake in London-based hedge fund firm Arrowgrass Capital Partners to Foundation Capital Partners, according to people familiar with the matter.<\/p>\n<p>Foundation, a private equity firm, is expected to pay between $100 million and $200 million for a more than 20% stake in Arrowgrass, which would include Deutsche Bank\u2019s 17.5% share, plus additional equity, one of the people said. The deal could wrap up as soon as this month and would value Arrowgrass, which manages about $5 billion as a mult-istrategy fund, at more than $500 million.<\/p>\n<p><a href=\"http:\/\/www.efinancialnews.com\/story\/2014-12-02\/deutsche-bank-expected-to-sell-arrowgrass-stake-to-foundation-capital-partners?mod=rss-homemod=rss-home&amp;ea9c8a2de0ee111045601ab04d673622\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FN &#8211; Deutsche Bank is in advanced talks to sell its minority stake in London-based hedge fund firm Arrowgrass Capital Partners to Foundation Capital Partners, according to people familiar with the matter. Foundation, a private equity firm, is expected to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-45239","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=45239"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45239\/revisions"}],"predecessor-version":[{"id":45242,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/45239\/revisions\/45242"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=45239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=45239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=45239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}