London-based alternative asset manager Arrow Global has secured a $400 million commitment from a wholly-owned subsidiary of the Abu Dhabi Investment Authority (‘ADIA’), the emirate’s sovereign wealth fund, for its European real estate lending strategy.
The investment expands the relationship between Arrow Global and ADIA, with an ADIA subsidiary also an existing investor in Arrow Global’s Opportunistic Credit strategy.
“This agreement with ADIA to commit to our flagship European Real Estate Lending strategy comes at an ideal moment for living sector assets,” said Zachary Lewy, founder, CEO and CIO of Arrow Global.
“In a market that is looking to private credit lenders for capital, this is a prime opportunity to provide senior secured capital to borrowers delivering high-quality, liquid assets that are in short supply and high demand.”
