Arrow Global reports record origination as funds under management hit €10.5bn
Arrow Global has reported record origination volumes in the third quarter of this year, while funds under management (FUM) rose to €10.5bn (£8.7bn).
The European asset manager, which focuses on private credit and real estate, said that it has deployed €1.25bn over the year to date, €719m of which occurred during the third quarter, with a strong pipeline heading into the fourth quarter of the year.
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FUM increased by €1.2bn year-on-year.
Arrow has also seen “strong fundraising momentum”, with commitments to its real estate lending franchise now up to €750m, alongside a further €50m raised for its real estate equity business.
The group’s underlying pre-tax loss reduced by £34.8m to £7.4m over the third quarter, which it attributed to an increase in fund management and balance sheet revenues.
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“With our established platform across Western Europe, we are well-positioned to capitalise on asset-backed investments, supported by a robust pipeline as we enter the final quarter,” said group chief executive Zach Lewy (pictured).
“Looking ahead to 2025, the strength of our local franchise and our team’s expertise will enable us to fully participate in upcoming market opportunities.”
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