Red Sky Capital Management Ltd. Announces Addition of Paul Perrow as Managing Partner

TORONTO, Jan. 12, 2012 /CNW/ - Red Sky Capital Management Ltd. (RSCM) is pleased to announce the addition of Paul Perrow to its team as a Managing Partner. Paul will lead Red Sky's business development and relationship management efforts.

Paul brings to Red Sky over 20 years of valuable experience in the asset management industry. He has held senior positions including: Senior Vice President, Director of Sales and Marketing with CI Investments, Co-Head and Managing Director with Merrill Lynch Investment Managers Canada and Co-Founder and President of Fairway Capital. Paul was most recently President and CEO of BluMont Capital, an asset management company focused on hedge funds and alternative mutual funds.

Red Sky is excited about its expanded focus on servicing existing clients and introducing its funds to financial advisors and institutional investors.

Paul Perrow will join RSCM effective January 16, 2012 and can be reached at paul@redskycm.com or (416) 642-0956.

About Red Sky Capital Management

Red Sky Capital Management (RSCM) is an independent investment counseling firm based in Toronto, partnered with CI Financial (CIX-TSX), one of Canada's largest wealth management companies. RSCM's first fund, the Red Sky Partners Fund (RSPF), has approximately $55.0 million of assets. Additional information on RSCM can be found at www.redskycm.com.

SOURCE Red Sky Capital Management Ltd.

For further information:

Timothy Lazaris, President & CEO, (416) 642-2209

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Red Sky Capital Management Ltd.

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