DLD Asset Management LP

Overview

DLD Asset Management LP is a New York-based hedge fund specializing in relative value investment strategies across multiple asset classes, including fixed income, equity, and derivatives. Founded in 2013 by Mark Friedman, the firm leverages over 30 years of experience to identify and exploit mispricings in related securities across equity, credit, and derivative markets. The firm's approach combines fundamental research with statistical analysis to build portfolios of primarily shorter-duration convertible securities, hedged using equities, options, and other parts of the capital structure. The firm's investment strategies include event-driven, equity-trading, volatility, and convertible arbitrage. DLD Asset Management allocates capital to liquid relative value strategies managed by investment teams with niche bottom-up expertise. Its platform's responsive risk and operational frameworks allow the dynamic combination of strategies to deliver asymmetric return streams driven by alpha. The firm emphasizes a culture of collaboration to enhance investment outcomes, fostering lateral thinking and accelerating personal and professional growth. DLD Asset Management has a diverse portfolio, with significant holdings in companies such as Tyler Technologies, Inc., where it holds approximately 22.54% ownership, and Equity Commonwealth, with holdings valued at around $1.04 million. The firm's assets under management have grown to approximately $1.1 billion, reflecting its successful investment strategies and commitment to delivering consistent, alpha-driven returns to its investors.

Investment Focus

• Accredited Investors
• Institutional Investors
• High Net-Worth Individuals

Portfolio Companies