The Abu Dhabi Investment Authority manages assets worth $993 billion, according to the website Sovereign Wealth Funds of the World.
Dedicate Abu Dhabi Investment Authority (ADIA)Abu Dhabi’s sovereign wealth fund, $400 million to support Arrow Global’s European mortgage lending strategy.
The London-based alternative asset manager said the ADIA deal, which was made through a wholly owned subsidiary of the sovereign wealth fund, expands other partnerships between the two entities, as an ADIA subsidiary is currently an investor in Arrow Global’s credit strategy.
Arrow said its lending strategy allows it to support investors and real estate developers throughout the life cycle of their projects, with the aim of achieving risk-adjusted returns across market cycles.
The Abu Dhabi Investment Authority manages assets worth $993 billion, according to Location of sovereign wealth funds in the world.
“This agreement with ADIA is a further commitment to our European real estate lending strategy, and comes at an ideal moment for the sector’s assets,” said Zachary Lewy, Founder, CEO and Chief Investment Officer of Arrow Global.
Arrow has 22 platforms across Europe including Maslow Capital, and has €95 billion ($103 billion) in services assets under management.
