Arden strikes JP Morgan advisory deal

Mon Jul 6, 2009




Arden Asset Management, which was founded in 1993, has struck a deal to manage a $1.1 billion proprietary hedge fund of funds portfolio for JP Morgan's investment banking division. The arrangement took effect on 1 July. As part of the agreement, JP Morgan's investment bank has agreed to seed several new Arden funds and invest in one of Arden's current flagship funds with these assets.

The...

TAKE A FREE TRIAL

The full contents of this article are available to active InvestHedge subscribers and trialists only.

To continue reading please,
take a free trialsubscribe or log in to InvestHedge.

Subscribe

Subscribers have unlimited access to all current content, including fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now