Management

Jim McGovern
Managing Director & CEOMr. 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.

Mark Purdy, CFA
Managing Director & CIOMr. Purdy serves as Chair of the Investment Committee at Arrow Capital Management. With over 20 years of related experience, Mr. Purdy shares responsibility for 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.

Robert Maxwell, MBA, CPA, CMA, CAIA
Managing Director, Risk Management & CFOMr. Maxwell is Managing Director, Risk Management and Chief Financial Officer. 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.

Frederick Dalley
Managing Director, Portfolio ManagementMr. 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.

Mark Kennedy
Managing Director & Chief Compliance OfficerMark Kennedy is Chief Compliance Officer of Arrow. He joined Arrow in 2010 and has over 15 years’ experience in the investment industry. Prior to joining Arrow, Mr. Kennedy worked for two years as a Compliance Consultant with several 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 and numerous certifications from the Canadian Securities Institute.