London-based alternative fund manager Arrow Global has acquired Amitra Capital from the Canada Pension Plan Investment Board (CPP Investments) for an undisclosed sum.
The acquisition will expand Arrow’s footprint in Spain while CPP Investments will retain its current interest in all of the portfolios managed by Amitra Capital.
Founded in 2019 and based in London and Madrid, Amitra Capital specialises in managing European non-performing loans (NPLs) and real estate investments.
With assets under management of over €4 billion, Amitra has an established presence in the NPL and real estate markets of Spain and Portugal.
Zach Lewy, founder, CEO and CIO of Arrow Global, said: “This acquisition builds on our existing presence in Spain alongside our other operations, including Elba Finance and Galata, it also sets the stage for a broader strategic partnership with CPP Investments.”
