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

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," says 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.