Arden opens JPMorgan-seeded funds of funds to outside capital

By Suzy Kenly Waite

Fri Apr 23, 2010



The $8 billion firm, which launched three funds of funds with seed money from JPMorgan, is now marketing its funds for the first time.


Arden Asset Management, which has $8 billion under management, has opened three of its new funds of funds to outside investors for the first time. Shakil Riaz, former chief investment officer of JPMorgan's internal funds of funds, joined Arden last July to oversee...

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