Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

News Archive

Read More Industry News >

NY Hedge Fund Wins $150M Mandate from Pension Fund

Jan 24, 2013
Jing Chen

Hedge fund firm Arden Asset Management has won a $150 mandate from the Pennsylvania State Employee Retirement System.

Reuters reported that New York-based Arden will be responsible for helping the $26 billion state pension fund “construct a multi-manager equity event program that is designed to deliver equity-like returns but with the benefits of being more diversified.”

The article also said that Arden also manages money for New Jersey and helped mutual fund giant Fidelity Investment launch a program that will allow its retail customers access to hedge fund investments through a mutual fund.

Arden has approximately $7 billion in assets under management.


Read More Industry News >


Want to subscribe?

Join 15,000+ of your colleagues to receive daily hedge fund news from the definitive source in traditional and hedge fund data.

Subscribe Now


Hedge Fund Journal Reviews eVestment's Hedge Fund Database

July, 2012

Read More