Arrow Global Group acquires stake in Maslow Capital
By Bridging Loan Directory
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.
Marc Rose and Ellis Sher, Chairman and CEO of Maslow Capital, welcomed the announcement, saying:
“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.”
Zach Lewy, pictured, Group CEO and CIO of Arrow Global, commented:
“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.”
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