Arrow Capital Completes Purchase of BluMont Capital from Integrated Asset Management Corp. - Video News Alert on InvestmentPitch.com
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2013) - Following regulatory approval, Arrow Capital Management has completed the previously announced purchase of BluMont Capital Corporation from Toronto Stock Exchange listed Integrated Asset Management Corp. (TSX: IAM).
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All of the Exemplar portfolio managers and advisors including Veronika Hirsch and Alex Ruus, both regulars on BNN TV, along with Capital Innovations, LLC, and Integrated Managed Futures Corp. will continue to provide services to their respective funds.
Effective immediately, Arrow Capital's James McGovern CEO and Robert Maxwell CFO, will assume the same positions with BluMont. They will join Veronika Hirsch as directors of BluMont.
BluMont Capital is the manager of the Exemplar group of funds, including:
- the Exemplar Global Agriculture Fund
- the Exemplar Global Infrastructure Fund
- the Exemplar Leaders Fund
- the Exemplar Timber Fund
- the Exemplar Yield Fund
- the Exemplar Focus Portfolio Fund, and
- the Exemplar Diversified Portfolio Fund
Arrow has $1.2 billion in assets under management, including its joint venture with Generation Asset Management based in London, England.
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Barry Morgan, CFO