Portfolio Management

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Veronika Hirsch

Portfolio Manager

A senior Portfolio Manager with Arrow Capital, Veronika Hirsch is a highly regarded Canadian equity manager with over 25 years investment experience. She makes frequent appearances on BNN and other business media outlets. Previously, Ms. Hirsch was Chief Investment officer at BluMont where she was Portfolio Manager of various Exemplar Funds. Previously, Ms. Hirsch co-founded Integrated Asset Management Corp., and served as a Vice President and Portfolio Manager at AGF and Fidelity Management. She began her career as a Portfolio Trader at Prudential, later rising to Vice President and Portfolio Manager. Ms. Hirsch holds a Bachelor of Commerce degree from McGill University and is a fellow of the Life Management Institute.

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Mark Purdy, CFA

Chief Investment Officer

Funds:

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.

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Jim McGovern

Portfolio Manager

Funds:

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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Alex Ruus, CFA

Portfolio Manager

Mr. Ruus brings over 20 years investment experience to his role as Portfolio Manager. The Leaders Fund, managed by Mr. Ruus, was awarded the “Alternative Strategies Lipper Award” in 2013. Previously, he worked at Chevron Canada Resources as an Engineer and was later appointed Portfolio Manager. Mr. Ruus has managed portfolios for Perigee Inc, Cumberland Asset Management, Northern Rivers Funds and BluMont Capital Corporation. Mr. Ruus has a Bachelor of Science in Engineering from the University of Calgary and an MBA from the Ivey School of Business at the University of Western Ontario.

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Sam Pigott, CFA, MBA

Associate Portfolio Manager

Sam Pigott is an Associate Portfolio Manager at Arrow Capital Management, supporting the portfolio management team in analyzing long and short ideas across a number of industries – with a particular focus on the mining sector. Prior to joining Arrow, Sam worked as an Investment Banker covering the mining sector at an Independent Canadian Investment Dealer and as an Associate at a Merchant Bank in Shanghai, China. Sam holds an MBA from the University of Oxford and BA in Economics from McGill University.

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Ahson Mirza, CFA

Senior Analyst

Ahson Mirza is a Senior Analyst at Arrow Capital Management and is responsible for market research and idea generation supporting the portfolio management team. Prior to joining Arrow Capital, Ahson worked for Timelo Investment Management in Toronto and Formula Growth Limited in Montreal as an investment analyst. Ahson graduated from McGill University in 2010 with a Bachelors in Electrical Engineering and a minor in Finance.

Sub-Advisors

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James Hodgins, CFA

Chief Investment Officer, CHS Asset Management

Prior to co-founding Toronto based CHS Asset Management, Mr. Hodgins founded Canaccord Adams' Hedge Strategy Group, ranked #1 by Hedge Funds in the 2005 Brendan Woods Survey for Quality of Investment Ideas and Reputational Franchise. An avid student of the market with more than 15 years of experience, Mr. Hodgins is an accomplished hedge fund strategist. He has particular expertise in applying non-linear quantitative techniques grounded in behavioural finance, reflexivity and option theory to the relatively inefficient small cap market. Borrowing heavily from George Soros, Mr. Hodgins has coined the term "reflexive change" to explain a number of observed market inefficiencies. Before Canaccord, Mr. Hodgins worked in the quantitative investment division of the Ontario Teachers' Pension Plan, one of Canada's premier asset managers with more than $100bn under management. Mr. Hodgins holds a Business degree and an M.B.A. from the Simon School of Business, University of Rochester.

image for Geoff Phipps, CFA

Geoff Phipps, CFA

Co-Founder, Portfolio Manager & Head of Event Driven Strategies, CHS Asset Management

Mr. Phipps is Co-Founder, Portfolio Manager and Head of Event Driven Strategies at CHS Asset Management. While the Event Driven Strategies are Geoff’s focus, other duties including managing CHS’ trading operations, as well as idea generation for other strategies within the Curvature portfolio. Prior to co-founding CHS, Mr. Phipps and James Hodgins ran the Canaccord Adams proprietary trading group from 2004-2008. Geoff managed the arbitrage strategies, including merger arbitrage, convertible arbitrage, and warrant arbitrage. Previous to his tenure at Canaccord Adams, Mr. Phipps spent time working in the research department of a Canadian boutique investment bank and also at Ontario Teachers’ Pension Plan.

Tom Edwards, CFA

Portfolio Manager

Tom Edwards, CFA is Portfolio Manager and Head of Quantitative Strategies for CHS Asset and is responsible for the design and implementation of Systematic Strategies. Mr. Edwards is a founding Partner of CHS Asset Management. Prior to CHS, Mr. Edwards was a member of the Canaccord Hedge Strategy and Proprietary Trading Group, after having spent three years at Manulife Investments.

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Mike MacBain

Founding Partner & Chief Investment Officer, East Coast Fund Management

Mike MacBain has over 30 years of experience in the financial services industry in various trading and senior management roles for leading investment dealers. Previously he was the Managing Director, Head of Global Debt Markets, RBC Capital Markets (2008-2009) and President of TD Securities (2002-2006) after holding senior management roles focused on derivatives, fixed income, money markets and foreign exchange globally. In 2004, he was awarded Canada’s “Top 40 Under 40 Business Person.” Mike has completed the Executive Management Program at Stanford University and earned his BA, Honours Economics and Finance, from McGill University.

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Anthony Hammill, CFA

Portfolio Manager, Broadview Capital Management Inc.

Anthony Hammill has been in the investment management industry since 1999. He joined Georgian Capital Partners in 1999 as a Research Analyst upon completing his Commerce degree at Queen’s University. He received his CFA designation in 2002 while working at AIC Investment Services and was promoted to Portfolio Manager in 2004. He moved to Trapeze Asset Management in early 2007 before leaving to co-found Broadview Capital Management in late 2008.

image for Lee Matheson, CFA

Lee Matheson, CFA

Portfolio Manager, Broadview Capital Management Inc.

Lee Matheson has worked as a securities analyst since 2002. He has worked at a number of investment firms across Canada including Cundill Investment Research, KJ Harrison & Partners and AIC Investment Services, as well as New York-based Pike Capital Management. He joined Anthony in co-founding Broadview Capital Management in 2008. Lee holds the Canadian Investment Manager designation from the Canadian Securities Institute and became a CFA charterholder in 2009. Lee also serves on the Board of Directors of RDM Corp. (RC:TSX) and Medworxx (MWX:TSXV).

Sean Reynolds

Managing Director, Portfolio Manager/Analyst, Lazard Asset Management LLC (New York)

Sean Reynolds is a Portfolio Manager/Analyst for all capital structure and convertibles-based strategies. Prior to joining the Firm in 2007, Sean was a portfolio manager for convertible arbitrage strategies at SAC Capital Management from April 2003 to August 2006 and, subsequent to this, senior portfolio manager at Sailfish Capital Partners’ G2 Multistrategy Fund. Previously he was a convertible arbitrage portfolio manager at the Clinton Group, Inc. From 1997 to 2002, Sean was a managing director and Head of Convertibles Sales (US) at Deutsche Bank Securities, including a period as an executive member of the North American Management Committee, Deutsche Bank Equities. Prior to 1997, Sean was responsible for global convertible securities sales at UBS Securities and domestic convertibles at Merrill Lynch. He has been in the investment industry since 1993. Sean has an MBA from the Wharton School of the University of Pennsylvania and a BA in Math and BAI (BSc) in Engineering from Trinity College Dublin.

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Adam Mitchell

Senior Vice President, Client Portfolio Manager, Lazard Asset Management LLC (New York)

Adam Mitchell is a Client Portfolio Manager for Lazard’s Global Fixed Income and all capital structure and convertibles-based strategies. Prior to joining Lazard in 2013, Adam was a Director at Wells Fargo Securities on the Convertible Securities Desk specializing in Hedge Fund coverage. Prior to that, he was a Vice President at both JPMorgan and Goldman Sachs specializing in Hedge Fund coverage within the convertible securities space. Adam began working in the investment field in 2000. He has a MA from Princeton University and a BA with Honors from Rutgers College. He holds FINRA Series 7, 31, and 63 licenses.

Thomas M. Dzwil

Director, Portfolio Manager/Analyst, Lazard Asset Management LLC (New York)

Funds:

Thomas M. Dzwil is a Portfolio Manager/Analyst on the US Fixed Income portfolio management teams. He began working in the investment field in 1982. Prior to joining Lazard in 2002, Thomas was a Portfolio Manager with OFFITBANK. Previously he was a Vice President with North Star Investment Management. Prior to that, Thomas was an Associate with Morgan Stanley & Co. He has an AA from Brookdale College.

Jeffrey J. Clarke, CFA

Senior Vice President, Research Analyst, Lazard Asset Management LLC (New York)

Funds:

Jeffrey Clarke is a Research Analyst on the US High Yield Fixed Income investment team. He began working in the investment field in 1999. Prior to joining Lazard in 2002, Jeffrey was a High Yield Research Analyst and Funds Administrator with OFFITBANK, and was also previously with the Bank of New York. He has an MBA from New York University and a BA in Business Administration from Hofstra University.

David Cleary, CFA

Managing Director, Portfolio Manager/Analyst, Lazard Asset Management LLC (New York)

Funds:

David Cleary is a Managing Director of Lazard Asset Management LLC. David provides oversight and management to Lazard’s US-based fixed income and asset allocation platform. Additionally he is directly responsible for the management of the Lazard Capital Allocator Series (“LCAS”). LCAS is a global tactical asset allocation investment product, which implements portfolio themes primarily through index and index-like investment vehicles. David works on asset allocation modeling and total portfolio risk management and sits on the LCAS Advisory Board as well as the Lazard Investment Council. Previously, he spent nine years as a Fixed Income Senior Portfolio Manager at Lazard with a focus on risk control, sector allocation, and total portfolio management. David began working in the investment field in 1987. Prior to joining Lazard in 1994, David worked as a Portfolio Manager with Union Bank of Switzerland and an Assistant Treasurer with IBJ Schroeder, both primarily in fixed income asset management. He has a BS from Cornell University. David is a member of the New York Society of Security Analysts (NYSSA) as well as the CFA Institute.

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Roland Austrup

Chief Executive Officer & Chief Investment Officer, Integrated Managed Futures Corporation

Mr. Austrup brings over 25 years of experience in the investment industry to his roles as Chief Executive Officer, Chief Investment Officer and Director of Integrated Managed Futures Corporation. Responsible for strategic planning, development and enhancement of the trading programs, Mr. Austrup is registered with the Commodity Futures Trading Commission in the United States and with the OSC. Mr. Austrup is an Associate Member of the National Futures Association and a member of the Managed Funds Association. He is Director of the Master of Quantitative Finance program at the University of Waterloo. Mr. Austrup graduated with honours with a BA from the University of Western Ontario.

Kenneth Grossman

Partner, SG Capital Management, LLC

Mr. Grossman co-founded Chicago-based SG Capital Management with over 35 years of experience in financial services. Prior to co-founding SG Capital in 2002, Mr. Grossman co-managed the small-cap equity and fixed income portfolios at Mesirow Financial Asset Management. Previously, he had founded the investment advisory firm Hahn Holland & Grossman ("HH&G"), which subsequently became HGT Advisors and was later purchased by Mesirow Financial. Earlier experience includes positions as senior consulting principal with A.S. Hansen, Inc., Vice President of A.G. Becker where he established their consulting group, Vice President of Mitchum, Jones & Templeton’s consulting group, Vice President of Callan Associates, and Manager of Illinois Bell Telephone Company’s pension program. Mr. Grossman received his B.S. in Finance cum laude from the University of Miami and his MBA in Finance and Economics from the University of Chicago.

Glen Schneider, CFA

Partner, SG Capital Management, LLC

Co-founder of Chicago-based SG Capital Management, Mr. Schneider's career spans over 20 years. Prior to co-founding SG Capital in 2002, he was Vice President, Portfolio Manager and Analyst of a long-only small capitalization product at Mesirow Financial Asset Management. In addition to conducting fundamental research, he managed a research analyst and oversaw all trading activity. Prior to that, he was an Equity Analyst for Coe Capital Management, providing long and short recommendations to the firm’s private client group, hedge fund and large institutional clients, and was an Investment Associate for Merrill Lynch. Mr. Schneider received his B.S. in Economics from the University of Wisconsin.

Sales

Ontario

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John Graham, CAIA

Managing Director, Sales
| jgraham@arrow-capital.com 416.847.3982

Managing Director of Sales in our Toronto office, Mr. Graham is responsible for the marketing and distribution of Arrow Capital Funds in Ontario. With over 15 years experience, Mr. Graham was previously Associate Vice-President of Sales and Marketing for a Canadian hedge fund. He graduated from McGill University with a Bachelor’s degree. 

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Lauren Smith, CIM

Director of Sales
| lsmith@arrow-capital.com 416.216.3542

Lauren Smith is Director of Sales in our Toronto office covering various parts of Ontario. Over her 10 years of experience, Ms. Smith held a Regional Sales position with IA Clarington covering the Golden Horseshoe and the Ottawa territories, and was formerly a Financial Advisor with Berkshire Securities/Manulife Securities. She graduated from the University of Toronto with a Bachelor of Commerce degree.

Ontario, Quebec, Atlantic Canada

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Brian Kremer

Managing Director, Sales
| bkremer@arrow-capital.com 416.428.7499

Managing Director of Sales in our Toronto office, Mr. Kremer is responsible for the marketing and distribution of Arrow Capital Funds in Ontario, Quebec and Atlantic Canada. Mr. Kremer has been working in the investment fund industry as a senior sales and relationship manager for over 17 years, bringing extensive experience in developing and distributing structured products and hedge funds to high net worth clients. Recent positions include Regional Vice-President for Invesco Trimark, Vice-President and National Sales Manager for the Canadian arm of Tremont Capital Management and Vice-President of Sales at Skylon Capital. Mr. Kremer earned his Bachelor’s degree from York University.

Cynthia Maisonneuve

Director of Sales
| cmaisonneuve@arrow-capital.com 416.847.3984

Director of Sales in our Toronto office, Cynthia Maisonneuve is responsible for the marketing and distribution of Arrow Capital Funds in Ontario, Quebec and Atlantic Canada. Over her 10 years of experience, Ms Maisonneuve held various Sales and Sales Management positions at RBC DS, Fidelity Investments and most recently, Aston Hill Asset Management. Cynthia earned her Bachelor’s degree from Ryerson University.

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Sean Irvine, CIM

Regional Manager
| sirvine@arrow-capital.com 416.847.3983

Mr. Irvine brings over 6 years of sales experience, to his position as Regional Manager. Previously, he was a Sales Associate at PIMCO working with IIROC advisors across the country. Before that, he was employed by AGF Investments as a Regional Sales Associate. Sean Irvine graduated from the University of Toronto.

Alberta, Manitoba, Saskatchewan, British Columbia

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Robin Finlay

Managing Director, Sales - Alberta/Manitoba
| rfinlay@arrow-capital.com 403.668.5543

Managing Director of Sales in our Calgary office, Mr. Finlay is responsible for the marketing and distribution of Arrow Capital Funds in the provinces of Alberta and Manitoba. He began his career nearly 30 years ago at Richardson Greenshields, working in various roles in both Winnipeg and Toronto. Since then, he managed Rice Financial Group’s mutual fund division in Winnipeg, followed by time at Dynamic Mutual Funds, initially as Regional Sales Manager for the Prairies and promoted to Vice President of Sales for Western Canada. He earned his Bachelor’s degree in Economics and Statistics at the University of Manitoba.

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Nigel Stewart

Managing Director, Sales - Saskatchewan/BC
| nstewart@arrow-capital.com 604.601.8213

Mr. Stewart brings over 23 years of experience to his role as Managing Director of Sales in Arrow's Vancouver office. Responsible for the marketing and distribution of Arrow Capital Funds in the province of British Columbia and Saskatchewan, Mr. Stewart came to Arrow from Scudder Maxxum where he was Vice-President of Sales. Before that, he worked for BPI Financial Corporation, holding progressively more senior positions until eventually becoming Vice-President of Sales in British Columbia. He started his career at Deloitte and Touche working within the restructuring and advisory services department. Mr. Stewart graduated from the University of Western Ontario with a Bachelor’s degree.

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Kelly Silk

Regional Manager
| ksilk@arrow-capital.com 416.640.3679

As Regional Manager, Ms. Silk is responsible for the marketing and distribution of Arrow Capital Funds for the West Coast. With 19 years of financial and marketing experience, Ms. Silk has worked in sales at Trimark and Dynamic mutual fund companies as well as Tremont Capital Management, a hedge fund company. Her marketing experience includes online marketing and graphic design as Senior Sales and Relationship Manager at Zebra Studios and Director of Business Development at webSaver.ca.