Management


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Jim McGovern

Managing Director & CEO

Mr. McGovern founded Arrow Capital Management in 1999, bringing over 25 years of related experience. Previously he was President and Chief Executive Officer at BPI Financial Corporation (Canada), a publicly traded company that he co-founded thirteen years prior and which managed or administered over $6bn. Mr. McGovern is a founding and past Chairman of the Canada National Group of the Alternative Investment Management Association. Mr. McGovern graduated from the University of Toronto with a Bachelor of Commerce and Finance degree. He is active in charitable organizations, including Hedge Funds Care Canada and University Health Network. He also serves on the Board of Trustees of the Fraser Institute.

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Mark Purdy, CFA

Managing Director & CIO

Mr. Purdy serves as Chair of the Investment Committee at Arrow Capital Management. With over 20 years of related experience, Mr. Purdy shares responsibility for hedge fund manager selection and asset allocation process. He has served on Arrow Capital’s Investment Committee since its inception. Mr. Purdy held senior roles at BPI Financial Corporation and IBM Canada Ltd. Mr. Purdy graduated from the University of Toronto with a Bachelor of Commerce and Economics degree. Mr. Purdy is active in Varsity Blues alumni fundraising projects at the University of Toronto and is on the Board of the Ireland Park Foundation.

image for Robert Maxwell, MBA, CMA, CAIA

Robert Maxwell, MBA, CMA, CAIA

Managing Director, Risk Management & CFO

Mr. Maxwell is Managing Director, Chief Financial Officer and Head of Arrow Capital’s Risk Management Committee. Mr. Maxwell oversees all financial accounting and administrative functions for all Arrow Capital offerings. Over his 22 years of experience, Mr. Maxwell also held financial management roles at BPI Financial Corporation, rising to become Corporate Controller. Mr. Maxwell graduated from Queens University with a Bachelor of Commerce degree and completed his MBA from the University of Toronto.

image for Robert Parsons, MBA, CAIA

Robert Parsons, MBA, CAIA

Managing Director & COO

Managing Director and Chief Operating Officer for Arrow Capital Management, Mr. Parsons brings over 24 years of experience to the firm. His responsibilities include the oversight of the firm's sales, business development, operations and technology. Mr. Parsons started his career as an Investment Advisor at RBC Dominion Securities and was soon promoted to Vice President and Branch Manager. During his tenure at RBC, Mr. Parsons managed several branch offices in Toronto and Vancouver, and spent two years running the sales training program for RBC Investment Advisors. Mr. Parsons has a BA from the Western University and an MBA from Dalhousie University.

image for Frederick Dalley

Frederick Dalley

Managing Director, Portfolio Management

Mr. Dalley is Managing Director of Portfolio Management at Arrow Capital. Bringing more than 30 years of experience to this role, Mr. Dalley is active in the asset allocation process and has served on Arrow’s Investment Committee since its inception. Previously, Mr. Dalley was Executive Vice President of Portfolio Management at BPI Financial Corporation (Canada). There, he led a team of eight investment professionals who directly managed over $3.5bn on behalf of Canadian investors. He graduated from the University of Western Ontario with a Bachelor's degree in Economics. Mr. Dalley is involved with several charities and sits on various non for profit boards.