Arrow Hedge Partners Inc. is launching the Arrow Hedge Multi-Manager Funds, the Arrow North American Multi-Manager Fund and the Arrow Global Multi-Manager Fund.

The Arrow Hedge Multi- Manager Funds have been set up to provide high net worth sophisticated investors and institutional investors with access to a broadly diversified portfolio of equity hedge funds diversified by manager, investment style, and regional focus.

The North American fund allocates to three Arrow Hedge single-manager funds to create a North American equity hedge fund that is diversified by style and market capitalization: the Arrow Goodwood Fund, a Canadian equity hedge fund advised by Peter Puccetti of Goodwood Inc.; the Arrow Capital Advance
Fund, a U.S. equity hedge fund advised by Mark Lelekacs of Capital Advance Investment Management LLC, Tampa; and the Arrow Eagle & Dominion Fund, a U.S. small and mid-capitalization equity hedge fund advised by Duncan Byatt and Andrew Trower of Eagle & Dominion Asset Management Ltd., London, U.K.
The objective of the Fund is to outperform the S&P 500 with less volatility.

The global fund allocates to the same funds as the North American fund, with the addition of: the Arrow White Mountain Fund, a European equity hedge fund advised by Kevin Doyle and Sarah Caygill of Doyle Caygill Capital SA, Geneva; and the Arrow WF Asia Fund, advised by Scobie Ward and Peter Ferry
of Ward Ferry Management Ltd., Hong Kong. The objective of the global fund is to outperform the MSCI World Index with less volatility.

“The mission of Arrow Hedge Partners is to provide sophisticated individual and institutional investors in Canada with access to high quality equity hedge funds and multi-manager funds that provide superior absolute performance with lower levels of risk,” stated Jim McGovern, managing director and CEO. “We’ve developed our product line so that retail and institutional investors can select from Arrow Hedge Single or Multi-Manager Funds that are simply constructed, completely transparent and liquid, tax efficient, and above
all, target outperformance with lower volatility than their corresponding benchmarks.”

Minimum investment levels for all Arrow Hedge Funds are $150,000 for all provinces in Canada, with the exceptions of Alberta, where it is $97,000, and subject to certain restrictions, $25,000 in B.C.