The Billion Dollar Interview with Henry P. Davis, Managing Director at Arden Asset Management
Arden Asset Management was established in 1993 and is an independent privately held firm that is 100% employee-owned/controlled. Headquartered in New York, the company consists of 62 employees in New York and London, including 24 investment professionals that are involved in top-down market analysis and bottom-up manager investment research. Arden Asset Management is registered as an investment adviser with the US Securities Exchange Commission and as a Commodity Pool Operator and Commodity Trading Advisor with the Commodity Futures Trading Commission1. The UK office is also authorised and regulated by the UK Financial Conduct Authority. With current AUM at approximately US$6 billion, Arden Asset Management focuses solely on creating and managing portfolios of hedge funds. Institutional investors comprise 85% of the AUM and the remainder are from high net worth as well as retail investors.
The company has a diversified global client base including large US, Japanese, and European pension funds. Its flagship fund is a multi-strategy fund of hedge funds with fund size estimated at US$1 billion. Arden Asset Management also has a ‘40-Act mutual fund called the Arden Alternative Strategies Fund (AASF) (ticker: ARDNX) which stands at approximately US$1.1 billion.