Arrow Global expands into Middle East with new UAE office

Arrow Global has opened a new office in the UAE, expanding its presence in a region that the European alternative asset manager said is “central” to its international growth strategy.

The new office will be led by Hani Kabbabe, managing director and head of the Middle East, who brings more than 18 years of experience in the institutional investment space. Kabbabe previously led Russell Investments’ business in the Middle East and has also held roles at Metzler Asset Management in Frankfurt and Commerzbank AG. He began his career as a proprietary trader in North America.

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“The Middle East is central to Arrow Global’s international growth strategy,” said Zach Lewy, founder, chief executive officer and chief investment officer at Arrow Global. “It is home to some of the most sophisticated and forward-looking investors globally, who recognise the value of private credit and real estate in portfolio construction.”

Arrow said that the establishment of the UAE office marks a significant step in its capital formation strategy, with the Middle East representing a rapidly developing market for the firm.

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“We already partner with several of the region’s leading sovereign wealth funds and institutional investors and remain committed to deepening those relationships while building new partnerships that align with our expertise in private credit and real estate,” Kabbabe added.

Read more: GCC private credit market $5bn and growing

Arrow Global has €125bn (£109.6bn) in assets under management across credit and real estate strategies.