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Risk Management & Compliance

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Risk Management & Compliance

Sara Yarmand, CA, CPA – Director, Risk & Operations

Ms. Yarmand is responsible for the operational due diligence of new and existing managers. Ms. Yarmand is also responsible for portfolio risk measurement and reporting. She is a member of the Investment Management and Risk Management committees at Arrow. Prior to Joining Arrow, she performed operations due diligence of North American hedge funds at Albourne Partners Limited and prior to that; she was a manager at Deloitte, in Audit and Advisory, Asset Management group.

Ms. Yarmand graduated from York University with an Honors Bachelors of Business degree. She is a Chartered Accountant (CA) and a member of CICA institute as well as a Certified Public Accountant (CPA).

Michael Petruzella, FRM - Director of Risk & Trading

Mr. Petruzella is responsible for the daily monitoring of Arrow's hedge fund managers as well as trading the overlays and Arrow Macro fund. Prior to joining Arrow Capital Management in May 2002, Mr. Petruzella was Manager of Operations and Assistant Trader with a Canadian hedge fund. Mr. Petruzella sits on the executive for the Risk Management Committee of Ontario, is a member of GARP and PRIMA.

Mr. Petruzella began his career in the investment industry in 1994 after graduating with a Bachelors degree in Economics from the University of Western Ontario.

Mark Kennedy – Legal & Compliance Manager

Mark Kennedy joined Arrow Capital Management Inc. in June 2010 as the Legal & Compliance Manager and has ten years financial services experience. Prior to joining Arrow, Mr. Kennedy worked for two years as a Compliance Consultant with numerous hedge funds and private equity firms in London, UK. His experience also includes roles as a Compliance Officer and Business Risk Manager with CIBC Wood Gundy in Toronto. Mark holds a Bachelor of Science Degree from Simon Fraser University in Vancouver and numerous certifications from the Canadian Securities Institute.

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