Arrow Global’s funds under management (FUM) rose to €15.5bn (£13.3bn) at the end of the second quarter of 2026, driven by fundraising for its credit strategy.

Arrow reported that its FUM increased by €4.8bn, equivalent to 44 per cent, year-on-year. This was driven by interest in the European asset manager’s credit strategy, which gathered €5.2bn of commitments over the last 12 months, according to a quarterly earnings release.

“Quarter two 2026 was defined by strong fundraising momentum, particularly across our credit strategy, with over €5.2bn of commitments secured in the last 12 months and funds under management increasing to €15.5bn,” said Zach Lewy, founder, chief executive and chief investment officer.

“This reflects continued investor demand for Arrow’s vertically integrated model, 27 local platforms and ability to source differentiated asset-backed opportunities across fragmented European markets.”

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Alongside the fundraising, Arrow also reported deployment of €1.7bn in the first half of 2026, compared with €1.6bn over the same period last year.

This included the investment in 65 per cent of the Canada Pension Plan Investment Board’s remaining C$1bn (£529m) European mortgage portfolio.

The results also reported that €0.4bn had been distributed to limited partners during 2026, while the Arrow Credit Opportunities programme is delivering a net deal IRR of 17 per cent, with total realisations of more than €3.6bn.

Lewy stated that throughout the first half of the year, Arrow has also strengthened its capabilities in Milan by adding expertise across origination, planning, project management and development.

The manager has also strengthened its insurance arm, Arrow Global Insurance, within the period through the acquisition of Fusion Specialty Group, a specialist managing general agent.