Arden Adds Three Top Execs

Jun 6 2007 | 9:56am ET

New York-based fund of hedge funds manager Arden Asset Management has made a quartet of hires, including the addition of three senior executives.

Paul Erhardt, most recently chief operating officer of Legg Mason International Equities, has been named chief operating officer and managing director at Arden. In his new role, Erhardt will focus on the firm’s infrastructure, data management, risk controls, legal and compliance operations, financial reporting and strategic planning. At Legg, Erhardt helped set up and manage the International Equities business, which runs $13 billion.

In addition, the firm has added Gerrard Bushell and Michael Horsburgh to its institutional sales team as executive directors. Bushell most recently worked at Legg Mason’s ClearBridge Advisors as head of institutional sales and business development, while Horsburgh spent the past seven years as global head of corporate access at ABN Amro.

The firm also hired Kathy Jiang, a former assistant vice president at Deutsche Bank, as a research associate.

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