Mergers & Acquisitions / Joint Ventures

McGovern’s Arrow builds presence in UK through joint venture with Generation AM


Jim McGovern Mark Purdy
Arrow Hedge Partners, a $1.2 billion Canadian asset manager founded in 1999 by Jim McGovern, is expanding its presence in the UK through Generation Asset Management and at the same time rebranding with a name change to Arrow Capital Management.

McGovern, former chief executive officer and co-founder of BPI Financial Corporation, said: “We are very excited to be entering a joint venture with Generation Asset Management in London. It is a great opportunity for us to extend the institutional platform that we have built in Canada to European