Arrow Capital Management Names New Chief Operating Officer

Apr 16 2010 | 9:45am ET

Alternative investment firm Arrow Capital Management has appointed John DeRaimo to the newly-created role of chief operating officer.

At Arrow Capital, DeRaimo will report to co-managing members Alex von Furstenberg and Mal Serure. DeRaimo was previously a senior analyst at the firm.

“John’s appointment reflects Arrow’s commitment to building upon the strong operational infrastructure established by our CFO, Amy Wolf. Since joining our team in 2008, John has developed a thorough understanding of our business practices and has made contributions to all aspects of Arrow, making him the natural candidate for the role of COO,” said Alex von Furstenberg.

Prior to joining Arrow, DeRaimo worked for Landmark Advisors as a member of its investment committee, where he was responsible for evaluating alternative investments for inclusion in the firm’s portfolios. He began his career in Goldman Sachs’ Asset Management division.

Arrow Capital Management focuses on event-driven value investing, primarily in global public equities. As of March 31, the firm had approximately $475 million of assets under management.

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