Arrow Capital Management Inc. completes sale to Sprott Asset Management L.P.March 31, 2014
BluMont Capital Corporation (“BluMont”), a wholly owned subsidiary of Arrow Capital Management Inc. (“Arrow”), completed the sale of the rights to manage Exemplar Global Infrastructure Fund, Exemplar Global Agriculture Fund and Exemplar Timber Fund to Sprott Asset Management L.P.
In December of 2013, Arrow acquired BluMont adding the Exemplar range of prospectus-based solutions to its platform, expanding its line of products and catering to a wider client base.
On April 1, 2014, BluMont was amalgamated with Arrow. Arrow is the manager of the following mutual funds and commodity pool: Exemplar Leaders Fund, Exemplar Yield Fund, Exemplar Performance Fund, Exemplar Real Assets Fund, Exemplar Canadian Focus Portfolio and Exemplar Diversified Portfolio.
Wildeboer Dellelce LLP acted for Arrow and BluMont with a team that included Ronald Schwass, Nick Gray, and Amanda Berloni (corporate/securities) and Kevin Fritz (tax).
Arrow Capital Management Inc.
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