Arrow Global Group acquires stake in Maslow Capital
Partnership to broaden Maslow Capital’s funding capabilities, products and geographic reach
Arrow Global Limited (‘Arrow Global’), a leading European investor and alternative asset manager in credit and real estate, today announces that it has acquired a significant minority stake in Maslow Global Limited (‘Maslow Capital’), a leading provider of UK real estate development finance.
The acquisition will help the existing Maslow management team, led by Chairman Marc Rose and CEO Ellis Sher, accelerate their ambitions to capitalise on opportunities in real estate development finance across the UK and European “Living Sectors” which includes purpose-built student accommodation (PBSA), co-living, build-to-rent, residential and senior living.
Arrow’s acquisition supports its strategy of increasing capital-light earnings and strengthens Arrow’s growing fund and asset management activities. Arrow’s fund management team will work with Maslow to enhance its product and funding capabilities and help to grow Maslow’s business in a rapidly expanding asset class that continues to deliver sustainable and attractive risk adjusted returns.
The investment in Maslow Capital complements Arrow’s existing UK offering, which includes its Capquest, Drydensfairfax, Mars Capital and Bergen Finance platforms.
Established 13 years ago, Maslow Capital was a pioneer in the provision of non-bank development finance and continues to partner with a number of Tier-1 institutional investors and financing parties. Maslow has an excellent track record in originating, underwriting and servicing specialist senior secured loans, having funded circa £4 billion of developments delivering 14,000 units across 240 projects with zero credit loses of capital, interest and fees.
As part of the investment, Arrow’s CEO and CIO, Zach Lewy, will join the Maslow Capital Board.
“It’s a privilege to have Arrow as a significant shareholder in Maslow. Zach and his team have built an impressive and highly innovative investment business and we look forward to working together and leveraging their experience to build Maslow into a leading provider of pan European real estate finance. We want to thank our incredible team and partners for all their effort and support over the years and we look forward to this exciting next stage of the Maslow journey.”Marc Rose and Ellis Sher, Chairman and CEO of Maslow Capital
“We are delighted to announce the acquisition of a stake in Maslow, a best-in-class operator led by a highly talented leadership team. We will help Marc and Ellis to grow Maslow’s funding capabilities, launch new products and expand to new geographies. “Our decision to acquire this stake is consistent with Arrow Global’s strategy of expanding capital light revenues in attractive segments of the credit and real estate space where we can raise and deploy third-party capital effectively, delivering sustainable market-leading returns.” Zach Lewy, Group CEO and CIO of Arrow Global
For further information:
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Tom Blackwell, Ambrose Fullalove
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Maslow Capital was advised by Seddons Solicitors, Ashcombe Advisers and PWC.
About Maslow Capital
Established in 2009, Maslow is a leading provider of real estate development finance, offering flexible funding solutions for professional developers across the UK’s “Living Sectors” including purpose-built student accommodation, co-living, build-to-rent, residential and senior living.
We pride ourselves on consistent delivery and developing long-term relationships with high quality introducers and developers. With our dedicated lending desks, that understand the intricacies of each real estate asset class, our borrowers can be assured that they will be fully supported by a highly experienced team throughout their development projects.
Arrow Global Group
Established in 2005, Arrow Global is a European investor and alternative asset manager specialising in credit and real estate. We identify, acquire, and manage secured and unsecured loan and real estate portfolios from and on behalf of financial institutions, such as banks, institutional fund investors and specialist lenders.
We play an active role in helping financial institutions reduce their balance sheets and recapitalise in order to increase mainstream lending. By purchasing and managing non-performing loans and other non-core assets, we provide valuable capital and expertise to a growing European market. We are a regulated business in all five of our European markets.
We invest in this asset class through our fund management business as well as directly, and also generate revenues from managing and servicing assets on behalf of third parties. Arrow’s Fund Management Business has total FUM of €4.7 billion (as at Q3 2021).