Arrow concludes sale of funds to Sprott Asset Management

TORONTO, April 1, 2014 /CNW/ - Arrow Capital Management Inc. ("Arrow") today announced that it has successfully closed the previously announced transaction to sell the following funds: the Exemplar Global Infrastructure Fund, the Exemplar Timber Fund and the Exemplar Global Agriculture Fund (the "Funds"), all sub-advised by Capital Innovations LLC, to Sprott Asset Management LP. The transaction was approved at a unit holder meeting on March 25, 2014, and subsequently received regulatory approval.

At the same time, Arrow also announced that as of April 1, 2014 BluMont Capital Corporation has now been amalgamated with Arrow Capital Management Inc.

About Arrow Capital Management Inc.

Arrow is an employee-owned company, founded in 1999. Arrow's expertise in active portfolio management and manager selection is evident in its strong, diverse platform, which provides clients with access to a global selection of actively managed investment funds. Arrow is committed to continuously providing investors with access to a wide range of investment solutions. With over 15 years of service, Arrow has been well respected as a Canadian alternative investment company. In December of 2013, Arrow acquired BluMont Capital Corporation adding the Exemplar range of prospectus-based solutions to its platform, expanding its range of products and catering to a wider client base.

SOURCE: Arrow Capital Management Inc.

Jim McGovern, CEO, Managing Director, Arrow Capital Management Inc., 416-323-0477, [email protected]; Mark Purdy, CIO, Managing Director, Arrow Capital Management Inc., 416-323-0477, [email protected]