Curtis Arledge Joins Mariner Investment Group as Chairman and CEO and Head of ORIX USA Asset Management
March 28 2019 - 12:00PM
Business Wire
Former BNY Mellon and BlackRock Executive to
Focus on Continuing Mariner’s Strong Growth Trajectory and
Expanding ORIX USA’s Asset Management Business
It was announced today that Curtis Arledge, 53, has joined
Mariner Investment Group, LLC, the global alternative investment
manager and subsidiary of ORIX Corporation USA (ORIX USA), as
Chairman and Chief Executive Officer. In addition to his role at
Mariner, Arledge will serve as head of ORIX USA asset management,
responsible for driving the company’s overall strategy in the
space, including facilitating opportunities for growth across ORIX
USA’s enterprise. A founding member of Mariner, Arledge has
returned to the firm, and will be responsible for overseeing all
aspects of the business and developing new business lines. Mariner
founder Bill Michaelcheck will continue in his role as the firm’s
Chief Investment Officer and portfolio manager for Mariner’s
flagship multi-strategy hedge fund.
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Curtis Arledge Joins Mariner Investment
Group as Chairman and CEO and Head of ORIX USA Asset Management.
(Photo: Business Wire)
ORIX USA acquired a majority interest in Mariner in 2010 and has
been focused on expanding its third-party asset management platform
through the acquisition and development of complementary affiliate
asset managers over the past several years.
Arledge previously served as the CEO of BNY Mellon Investment
Management and was also responsible for the firm’s Markets Group.
Prior to BNY Mellon, Arledge was the chief investment officer for
fundamental fixed income portfolios at BlackRock, Inc. Most
recently, Arledge worked as senior research associate with the
Forum for Growth & Innovation at Harvard Business School.
“Curtis brings a level of global market knowledge and experience
that will position Mariner for success as we continue to build out
more comprehensive investment offerings across the firm,” said
Michaelcheck. “Mariner has been on a strong growth trajectory for a
number of years, and we want to ensure that we are well-positioned
to capitalize on new market opportunities and enhance our
competitive edge in a rapidly evolving marketplace. Curtis brings
familiarity with the Mariner organization and is a highly regarded
industry luminary with a proven ability to grow assets and develop
new business lines. We are so pleased to welcome him back to
Mariner, and I look forward to focusing my time and energy on the
Mariner multi-strategy mandate, which I believe is well positioned
to benefit from the market opportunities we see today.”
“Over more than 25 years, Mariner has built an enviable track
record as one of the industry’s most consistent performers,” said
Arledge. “Key to Mariner’s success has been great stewardship under
its management team and its ability to innovate and attract top
talent on behalf of its global client base. I am delighted to join
a financial services company with a great brand and a quality team
and look forward to the opportunity to provide clients with even
greater access to the global resources and leading origination
businesses of ORIX Corporation.”
“Mariner is a key business for ORIX USA and is very much a part
of our growth strategy as we focus on expanding our affiliated
asset management businesses,” said ORIX USA Group Chairman,
President and CEO, Hideto Nishitani. “Curtis brings extensive
experience in this area and will be critical in taking the company
to the next level and, through its subsidiaries, helping position
ORIX USA as a powerful and respected stakeholder in the alternative
asset management market.”
Arledge, a graduate of Princeton University with a B.S. degree
in Electrical Engineering and Computer Science, is an Advisory
Council member at Princeton’s Bendheim Center for Finance. Arledge
previously served as Vice Chairman of the U.S. Treasury Borrowing
Advisory Committee and was inducted into the Fixed Income Analysts
Society Hall of Fame in 2014. Arledge is a member of the board of
directors of Autism Speaks, an autism advocacy organization that
sponsors autism research and family services, and also serves on
the boards of Voya Financial, Inc. and Kroll Bond Rating Agency,
Inc.
Mariner Investment Group, LLC
Mariner Investment Group is an SEC-registered investment adviser
that manages approximately $8.6 billion in single and
multi-strategy hedge funds, funds of funds and other alternative
investment offerings. Founded in 1992, Mariner and its associated
advisers employ approximately 135 people in New York, London,
Tokyo, Seoul, Philadelphia, Dallas, Harrison (NY), Rowayton (CT)
and Summit (NJ). For more information, visit www.marinerinvestment.com.
ORIX Corporation USA (ORIX USA)
Since 1981, ORIX USA has provided innovative capital solutions
that clients need to propel their business to the next level. ORIX
USA and its subsidiaries—Boston Financial Investment Management,
Lancaster Pollard, NXT Capital, Mariner Investment Group, RB
Capital and RED Capital Group—include a team of more than 1,000
employees spanning 30+ offices across the U.S. and Brazil. ORIX USA
and its family of companies have $64 billion of assets under
management, administration and servicing (including more than $9
billion held by the company and its subsidiaries).* Its parent
company, ORIX Corporation, is a publicly owned international
financial services company with operations in 38 countries and
regions worldwide. ORIX Corporation is listed on the Tokyo Stock
Exchange (8591) and New York Stock Exchange (IX). For more
information on ORIX USA, visit www.orix.com.
*All figures are as of February 2019.
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version on businesswire.com: https://www.businesswire.com/news/home/20190328005264/en/
Mariner Investment Group, LLC media contact:David
Pressdavid@feverpress.com917.721.7046ORIX Corporation USA media
contact:Jeff Smithjeff.smith@orix.com214.237.2301
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