Arrow Global buys Maslow Capital
Arrow Global Group, a European asset manager specialising in credit and real estate, has acquired real estate finance provider Maslow Capital.
Arrow said the deal will strengthen its direct lending capabilities in real estate debt. It will also enable Maslow to “significantly” expand its operational reach across Europe using Arrow’s asset management and servicing network.
Maslow will continue to be led by chairman Marc Rose and chief executive Ellis Sher.
Arrow Global Group, a European asset manager specialising in credit and real estate, has acquired real estate finance provider Maslow Capital.
Arrow said the deal will strengthen its direct lending capabilities in real estate debt. It will also enable Maslow to “significantly” expand its operational reach across Europe using Arrow’s asset management and servicing network.
Maslow will continue to be led by chairman Marc Rose and chief executive Ellis Sher.
Arrow initially bought a minority stake in Maslow in December 2021. Maslow, which was founded in 2009, specialises in originating, underwriting and servicing specialist real estate loans ranging from £10m to £300m. It has been involved with the completion of real estate projects valued at more than £5.1bn, resulting in around 17,500 units across 257 projects.
Arrow pointed to the “increasingly appealing” nature of asset-backed private credit to investors. It added that, despite the higher interest rate environment, “housing demand in many parts of Europe outstrips supply and Arrow continues to seize investment opportunities in markets that display that core characteristic”.
The deal comes after Arrow bought asset manager and developer Eagle Street Partners, and ESG-focused real estate asset manager Blue Current Capital, which focuses on electric vehicle charging hubs. Including Maslow, Arrow owns 18 specialist asset management and servicing platforms across five European markets.
Zach Lewy, group CEO and CIO at Arrow Global, said: “Arrow invests across European geographies, asset classes and positions in the capital stack. To execute this strategy, we have developed our geographical and asset class expertise.
“Maslow is an accretive addition to our existing direct lending strategy which includes specialist mortgage and term products through RNHB. Being part of the Arrow platform will allow Maslow to expand its services across Europe.”
Rose and Sher said in a joint statement: “We look forward to leveraging Arrow’s deep platform capabilities across Europe and to develop Maslow into a leading pan-European real estate finance provider.
“This acquisition marks the beginning of our broader strategy to offer adaptable, innovative, and timely real estate financing solutions throughout Europe’s living sectors, using Arrow’s extensive resources and capital to create value for all stakeholders.”
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