Arrow Global Group announces acquisition of Amitra Capital from RPC Investments and establishes European strategic partnership

LONDON, May 13, 2024 /CNW/ – Arrow Global Group Limited (“Arrow Global”), a leading vertically integrated alternative asset manager specializing in credit and real estate, today announced the acquisition of Amitra Capital Limited (“Amitra Capital ) with the Canada Pension Plan Investment Board (“CPP Investments”). This acquisition significantly expands Arrow’s presence in Spain and provides a basis for future collaboration with CPP Investments, focusing on current and potential investment opportunities. CPP Investments retains its current direct economic interest in all portfolios managed by Amitra Capital.

Founded in 2019 and based in London And Madrid, Amitra Capital specializes in the management of non-performing loans (NPL) and European real estate investments. With assets under management (AUM) totaling over €4.0 billion, Amitra has established a strong presence in the NPL and real estate markets of Spain And Portugal.

Zach LewyFounder, CEO and Chief Investment Officer of Arrow Global, commented: “This acquisition builds on our existing presence in Spain Alongside our other operations, including Elba Finance and Galata, this also paves the way for a wider strategic partnership with RPC Investments. We are excited to expand our platform and service capabilities in this key European market and look forward to expanding our partnership with RPC Investments by providing access to investment opportunities, expanding our market presence and offering value to our customers.

The acquisition includes a new five-year services agreement between Arrow and CPP Investments, highlighting Arrow’s commitment to leveraging its asset management expertise to improve portfolio performance. Amitra Capital’s key executives will continue to lead the company, ensuring continuity and stability of operations under Arrow.

Derek JacksonManaging Director and Head of European Credit at CPP Investments, said: “The sale of Amitra Capital to Arrow Global and the establishment of a long-term strategic partnership is centered on Arrow Global’s deep knowledge and experience in the area of ​​asset-backed real estate assets. We have built a strong asset management business within Amitra Capital, which is complementary and valuable to Arrow’s franchise, which can access the scale and reach of their platform and we look forward to seeing the combined activity will strengthen.

The acquisition of Amitra Capital not only expands Arrow’s existing operations by Spain but also strengthens its leading role in investment and services in the Iberian market. Combined with Arrow’s leading Portuguese platforms – Whitestar, Norfin, Restart Capital, Viriato and Details Hospitality, Arrow will continue its strategy of having deep expertise in key market segments, including primary and core services, while enhancing its ability to manage complex credits and real transactions. real estate investments on behalf of its investors through Europe.

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Arrow Global Group

Arrow Global is a leading European vertically integrated alternative asset manager specializing in European private credit and real estate.

Founded in 2005, we have 20 best-in-class asset management and services platforms that improve operational efficiencies and maximize the value of underlying assets through a disciplined investment approach, underwriting knowledge and exclusive transaction flows. This vertically integrated advantage allows us to create sustainable value throughout market cycles across a range of alternative asset classes, including opportunistic credit, real estate loans and real estate equities.

With the added benefit of key European regulatory licenses, we manage approximately €80 billion of assets under third-party management. Our strong experience, primarily in real estate asset-backed investments, covers a wide range of opportunities and has enabled the investment of more than €10 billion over the last 20 years.

We operate in six European geographies with our head office in Londonand have 15 additional offices, including Milan, Rome, Lisbon, PortAmersfoort, Amsterdam, Luxembourg, Dublin, Manchester, Leedsand Jersey.

www.arrowglobal.net

About CPP Investments

The Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Fund in the best interests of the more than 22 million contributors and beneficiaries of the Canada Pension Plan. To build diversified asset portfolios, investments are made around the world in public equities, private equities, real estate, infrastructure and fixed income securities. Based at Torontowith offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San FranciscoSao Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. HAS December 31, 2023the Fund totaled 590.8 billion Canadian dollars. For more information, please visit www.cppinvestments.com or follow us on LinkedIn, Instagram or on @InvestissementsCPPI.

SOURCE Canada Pension Plan Investment Board

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