ESTABLISHED AND STABLE ORGANIZATION   Established in October 1993   In excess of $10 billion in assets under management   More than 80 people in New York, Zurich, Bahrain and London   Arden Asset Management, LLC is registered with the United States     Securities & Exchange Commission as an investment adviser under     the U.S. Investment Advisers Act of 1940, as amended   Arden Asset Management (UK) Limited is authorised and regulated     by the Financial Services Authority in the United Kingdom   Arden Asset Management LLC - Middle East Office is licensed and     regulated by the Central Bank of Bahrain INDEPENDENT AND FOCUSED   Independent, employee-owned firm   Managing multi-manager portfolios is Arden's only business   Our own capital is invested in Arden's funds DISCIPLINED, TIME-TESTED INVESTMENT PROCESS   Exclusive focus since inception on creating and managing tightly controlled     absolute return strategies   In-depth knowledge of managers   Qualitative and quantitative analysis   Bottom-up/Top-down construction   Comprehensive risk management