Launches & Closures Hedge Funds

Arrowhawk rolls out two new funds


The firm recently launched global special situations and relative value commodities strategies.

Arrowhawk Capital Partners, FrontPoint Partners co-founder Michael Litt’s $479 million multistrategy shop, recently launched two new funds based on existing strategies in its flagship fund.

The Arrowhawk Commodity Strategies fund is managed by partner Jennifer Fan, while Arrowhawk Global Special Situations fund is overseen by partner Arun Melvani.

The flagship Arrowhawk Durable Alpha fund, which launched in September 2009, is up 5% for the year through mid-April. In addition to the two strategies that have been rolled out into standalone funds, the flagship invests in global equities and credit. The firm plans to launch additional funds based on its