Consequently, it merits a Below Average Parent rating. Arena Capital currently oversees one vehicle, with a total of$ 32.2 million under management and a bench of two portfolio managers. The team has brought on a few, mostly veteran managers averaging about 17 years of total industry experience.
Arena Capital does not differentiate itself on costs. Across the open-end and exchange-traded product lineup, its average net expense ratio places it in the middle quintile of firms.
To upgrade the firm's rating, Arena Capital needs to build a consistent track record of positive investor experience.
United States