Arrow Global’s funds under management hit €15.3bn (£13.3bn) in the first quarter of 2026 as it reported €5bn of fundraising within its credit strategy over the past 12 months.
In the asset manager’s quarterly earnings release, it reported that funds under management increased by €4.7bn year on year to €10.6bn, representing growth of 45 per cent.
Arrow also stated that fund performance remained strong, with €0.3bn distributed to limited partners during 2026, while the Arrow Credit Opportunities programme delivered a net deal IRR of 17 per cent. Overall, total realisations exceeded €3.2bn.
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“Quarter one of 2026 marked another quarter of strong progress for Arrow, as we continued to scale the platform while maintaining a disciplined approach to capital deployment,” said Zach Lewy, group chief executive officer at Arrow. “Fundraising momentum remained strong, with over €5.0bn of new institutional commitments secured over the last 12 months, taking funds under management to €15.3bn and reflecting continued support for our vertically integrated model, local origination capabilities and specialist investment expertise.”
However, Arrow reported lower deployment in the first quarter of 2026 compared with the same period in 2025, at €0.5bn and €0.8bn respectively.
The firm said its deployment focused on off-market, real estate-backed opportunities across western Europe within the quarter, as it maintained a cautious investment approach amid ongoing economic and political uncertainty.
The firm also stated that it has an investment pipeline for the second quarter, including the completed investment of 65 per cent of the Canada Pension Plan Investment Board’s remaining C$1bn (£544.3m) interests in European non-performing loans.
“During the quarter, we remained selective in deploying capital into asset-backed opportunities where we see attractive risk-adjusted returns,” Lewy added. “The acquisition of a European non-performing loan portfolio from Canada Pension Plan Investment Board builds on our broader relationship and reflects our confidence in the value of this portfolio and the opportunity ahead.”
