Arden Fund Management, Llc
- Regulatory AUM
- $1.1B
- Discretionary
- $1.1B
- Clients
- 13
- Avg AUM / client
- $85.2M
- Accounts
- 13
- Employees
- 23
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 13 | $1.1B | 100.0% |
Private funds (11)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $247M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Arden Real Estate Partners Iv, L.P. | Real Estate Fund | Delaware | $69.4M | 11 |
| Arep Iv Parallel S Fund, Lp | Real Estate Fund | Delaware | $44.3M | 4 |
| Arepiii 1735 Investors, Llc | Real Estate Fund | Delaware | $34.2M | 26 |
| Arden Real Estate Partners Ii, Lp feeder | Real Estate Fund | Delaware | $30.9M | 99 |
| Arepiii Parallel S Fund, Lp | Real Estate Fund | Delaware | $30.6M | 4 |
| Rxr Arden Digital Ventures Fund Lp | Private Equity Fund | Delaware | $16.6M | 13 |
| Arden Real Estate Partners Ii Q, L.P feeder | Real Estate Fund | Delaware | $7.6M | 50 |
| Arden Opportunity Fund Ii, Lp | Real Estate Fund | Delaware | $6.6M | 99 |
| Arden Real Estate Partners I, Lp | Real Estate Fund | Delaware | $4.5M | 88 |
| Arden Futureproof, Llc | Real Estate Fund | Delaware | $1.8M | 9 |
| Aqozf Fsu Weho, L.P. | Real Estate Fund | Delaware | $410K | 2 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Spencer, Craig, Allen | General Partner And 1% Owner | Apr 1995 (31y) | Less than 5% | |
| Caruso, Joseph, Santo | Chief Compliance Officer / Chief Operating Officer | Apr 2014 (12y) | Less than 5% | |
| Nipon, Andrew, Mark | Trustee | Jul 2015 (11y) | GP / trustee / elected manager of Aquarius Investment, Lp (indirect) | |
| Nipon, Laurence, Michael | Trustee | Jul 2015 (11y) | GP / trustee / elected manager of Aquarius Investment, Lp (indirect) | |
| Dilmore, Alfred, Joseph | Chief Financial Officer | Jul 2021 (5y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Aquarius Investment, Lp | Managing Member And 100% Owner Of Member Interests | May 2012 | A | 75% or more |
| Spencer Family Trust | Limited Partner And 99% Owner | Apr 1995 | B | 75% or more of Aquarius Investments, Lp (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (11, $247M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Arden Real Estate Partners Iv, L.P. | Real Estate Fund | $69.4M | $0 | 11 |
| Arep Iv Parallel S Fund, Lp | Real Estate Fund | $44.3M | $0 | 4 |
| Arepiii 1735 Investors, Llc | Real Estate Fund | $34.2M | $250K | 26 |
| Arden Real Estate Partners Ii, Lp | Real Estate Fund | $30.9M | $500K | 99 |
| Arepiii Parallel S Fund, Lp | Real Estate Fund | $30.6M | $100K | 4 |
| Rxr Arden Digital Ventures Fund Lp | Private Equity Fund | $16.6M | $0 | 13 |
| Arden Real Estate Partners Ii Q, L.P | Real Estate Fund | $7.6M | $500K | 50 |
| Arden Opportunity Fund Ii, Lp | Real Estate Fund | $6.6M | $250K | 99 |
| Arden Real Estate Partners I, Lp | Real Estate Fund | $4.5M | $250K | 88 |
| Arden Futureproof, Llc | Real Estate Fund | $1.8M | $0 | 9 |
| Aqozf Fsu Weho, L.P. | Real Estate Fund | $410K | $100K | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 4.43 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • CARRIED INTEREST
Services
- • Portfolio management for pooled investment vehicles
- • Other services
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗