Arrow announces $400m investment from Abu Dhabi SWF
Arrow Global has secured a $400m (£309.7m) investment from the Abu Dhabi Investment Authority (ADIA) to boost its European real estate lending strategy.
This represents an extension of the existing relationship between the two firms. An ADIA subsidiary is also an 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, chief executive and chief investment officer at Arrow Global.
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“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.”
Arrow’s real estate lending strategy offers financing to real estate investors and developers throughout the lifecycle of their projects.
It aims to deliver risk-adjusted returns across market cycles, while complying with environmental, social and governance (ESG) considerations at every stage.
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“Arrow Global’s European real estate lending strategy is well-aligned with the market’s shift toward more flexible and reliable real estate financing solutions, and Arrow’s strong track record makes it an attractive investment opportunity,” said Mohamed Al Qubaisi, executive director of the real estate department at ADIA.
ADIA is the sovereign wealth fund of Abu Dhabi and is believed to have assets under management in excess of $993bn.
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