New York Hedge Fund Shop Names Biz Development Head

Jan 12 2010 | 1:04pm ET

Alternative investment manager Arrow Capital Management has named Ivan Wanat as director of business development.  

In his new role, Wanat will be responsible for leading the firm’s marketing and client service efforts with a focus on institutional investors and consultants. Wanat will report to co-managing members Mal Serure and Alex von Furstenberg.

"This new position at our firm marks a significant expansion of our business as we implement a marketing strategy to diversify our investor base," said Serure.

Prior to joining Arrow Capital, Wanat was a principal at Atlantic-Pacific Capital, where he performed all aspects of capital raising for top-tier hedge fund managers, including hedge fund sourcing, due diligence, deal management and coordination of all marketing activities. Prior to his tenure at APC, Wanat spent two years as a placement agent in Credit Suisse’s Private Fund Group and six years as an investment banker in J.P. Morgan’s Hedge Fund Coverage and Private Placement groups.

Arrow Capital Management is a New York-based alternative investment management firm focused on event-driven investing. As of December 31, 2009, the firm had approximately $425 million in assets under management.

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