US Hedge Fund Manager Taps Rival in Senior Hire

Stephen Harris

14 March 2006

US fund of hedge funds manager Arden Asset Management has poached John Rogers from Ivy Asset Management. Mr Rogers joins as a managing director. He was previously a managing director at Ivy and Head of Ivy Ventures LLC. In his new role Mr Rogers will work closely with Averell Mortimer, president and chief executive of Arden, and other members of Arden's senior management team, to develop and structure new, global investment products. Prior to joining Ivy in 2000, Mr Rogers was a member of a Texas-based private equity partnership. Arden has approximately $11 billion in assets under management.