
Arrow Global Closes €1.5B Debut Real Estate Lending Fund
The Arrow Lending Opportunities (ALO) Fund I surpassed its initial €1 billion fundraising target, drawing commitments from a diverse group of global allocators—including pension funds, insurers, sovereign wealth funds, and university endowments across Europe, North America, and Asia.
The close included several standout commitments. The Abu Dhabi Investment Authority allocated $400 million through a wholly owned subsidiary—among its largest private credit fund commitments this year. Meanwhile, Canada Pension Plan Investment Board committed €300 million ($345 million) to Arrow’s credit initiatives via CPPIB Credit Investments.
Arrow Global’s credit platform spans 25 local offices throughout Western Europe and is supported by more than 4,700 professionals providing investment and servicing capabilities. The firm oversees roughly €125 billion ($144 billion) in third-party assets and has deployed more than €14 billion ($16 billion) since launching in 2005.
“As traditional lenders continue to retreat, private credit plays an increasingly central role in financing Europe’s real estate and credit markets,” said Zach Lewy, founder and CEO of Arrow Global. “We are well-positioned to capitalize on these opportunities and to deliver compelling, risk-adjusted returns for our investors.”
The firm’s footprint includes locations in London, Paris, Milan, Madrid, Berlin, Amsterdam, Dublin, Luxembourg, and Lisbon.