
About
DLD Asset Management is a relative value investment platform based in New York that manages commingled funds, UCITS products, and separately managed accounts for a global and diverse investor base.
Value Proposition
We are amassing significant human capital dedicated to relative value investing to capture the most attractive mispricings within and across global asset classes.
Mission
To provide our investors with a consistent alpha-driven return stream through the synergistic combination of relative value strategies.
Leadership

Mark Friedman
CIO, MASTER FUND CO-PM

Richard Simpson
MASTER FUND CO-PM

Sudeep Duttaroy
Portfolio Manager, Convertible Bond Arbitrage

Naveen Dhuper
CHIEF FINANCIAL OFFICER

Laurie Beaty
HEAD OF MARKETING AND IR

Steve Paridis
HEAD OF BUSINESS DEVELOPMENT
Mark Friedman
CIO, MASTER FUND CO-PM
Mark has over 30 years of investment experience and has launched and guided two billion-dollar-plus hedge funds with a relative value focus. His early derivatives experience at O'Connor & Associates primed him for several convertible arbitrage trading positions with Swiss Bank-related entities. Mark was Director and Head of US Convertible Bond trading at Deutsche Bank before launching his first hedge fund, AM Investment Partners, in 2001. There, he consistently achieved strong returns while managing the risks associated with a convertible arbitrage portfolio, including through the GFC.
Mark launched DLD in 2013, bringing together many investment professionals he had previously worked with to create a relative-value focused investment firm. Mark received his Bachelor of Arts in Economics and International Business from New York University.
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Next: Richard Simpson
Richard Simpson
MASTER FUND CO-PM
Richard has over 30 years of experience in financial markets. Most of his career spent at UBS, culminating as Managing Director in the Fundamental Investment Group (FIG), responsible for all convertible and credit activities. Prior to that he ran the UBS sell-side convertibles trading desk. Richard then joined Manikay Partners in 2012 as Partner and Head of Global Trading, managing the Global Equity Capital Markets business and all risk in the trading book strategies.
Richard joined DLD in 2020 to head equity trading strategies for the Firm. He was educated at Sir Joseph Williamson's Mathematical School in Rochester, England, obtaining GCSE Advanced Level passes in Economics, Computer Science, and Chemistry.
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Next: Sudeep Duttaroy
Sudeep Duttaroy
Portfolio Manager, Convertible Bond Arbitrage
Sudeep's 20-year career has been singularly focused on global convertible bond trading. He began investing at EBF & Associates, the predecessor firm to Pine River, where he traded both Asia Non-Japan and European convertible bond portfolios. In 2005 he joined AM Investment Partners spending the next six years working with Mark Friedman and ultimately taking over the management of the Firm's convertible bond portfolios.
Before rejoining Mark at DLD in 2015, he spent two years managing the global convertible portfolio at Amida Capital Management. Sudeep holds a Master of Financial Mathematics from the University of Chicago and a Bachelor of Arts in Computer Science from the University of Texas-Austin.
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Next: Naveen Dhuper
Naveen Dhuper
CHIEF FINANCIAL OFFICER
Naveen’s career of more than 30 years began as a CPA at Price Waterhouse Coopers, followed by several high-level financial roles at Bear Sterns, Banco Santander, and JP Morgan. In 2005 Naveen joined Mark Friedman at AM Investment Partners as Chief Financial Officer, a position he held until 2010. From 2011 to 2013, Naveen was COO and CFO of Triogem Asset Management and CFO of Mountaineer Partners Management.
He rejoined Mark in 2013 at DLD as CFO. Naveen received a Bachelor of Commerce degree with Honors from the University of Delhi. He has also achieved his CFA, CPA, and Chartered Accountant designations.
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Next: Laurie Beaty
Laurie Beaty
HEAD OF MARKETING AND IR
Laurie has more than 20 years of experience in senior marketing and investor relations roles at multiple hedge funds, including Basso Capital Management, DKR Capital, and AIG International Asset Management. During her career, she has been influential in building billion-dollar firms running relative value strategies.
Laurie joined DLD in 2018, successfully spearheading the marketing efforts for the convertible arbitrage strategy. She has a Bachelor of Science degree in Business Administration/Finance from the University of Rhode Island, and a Master of Business Administration from Boston University with a concentration in Finance.
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Next: Steve Paridis
Steve Paridis
HEAD OF BUSINESS DEVELOPMENT
Steve has over 35 years of experience in financial markets, both on the buy and sell side. Prior to joining DLD, Steve was a founding partner of Manikay Partners, initially as Head of Global Trading and then President, overseeing the firm's growth to $2 billion in AUM. From 1988 to 2008, Steve was a Managing Director at JP Morgan and heritage firms, working in various sales and trading roles focused on the bank's institutional clients.
Steve joined DLD in April 2022 to focus on the business development of the Firm's new multi-manager platform. He holds Bachelor of Laws and Bachelor of Economics degrees from the University of Sydney.
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