(Hedgefund Intelligence) Aberdeen Asset Management has agreed to acquire Arden Asset Management in a move that will allow the firm to enhance its global hedge fund solutions capability, increase its profile and presence in the US and position itself as a significant provider of liquid alternatives.The combined firm will manage approximately $11 billion of assets under management and employ more than 30 investment professionals.
Aberdeen expands rapidly in liquid alts, acquires Arden in the US
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