Hedge Fund Manager Marries Ralph Lauren's Daughter

Jun 14 2011 | 1:58am ET

One Connecticut hedge fund founder may now have the most fashionable in-laws in the alternative investments industry.

Paul Arrouet, co-founder of Greenwich-based Marblegate Asset Management, married the daughter of legendary designer Ralph Lauren, Dylan, on Saturday.

The 40-year-old co-founded Marblegate, a distressed and high-yield credit specialist, after leaving Bear Stearns as the investment bank collapsed in 2008; Arrouet rose to become a senior managing director during his 12 years at the firm.

Arrouet's bride, 37, runs a chain of candy stores, Dylan's Candy Bar.

The Jewish wedding ceremony took place at the Laurens' Bedford, N.Y., estate, 10 months after Arrouet proposed.

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