Alternatives manager Arrow Global has joined UK Private Capital, reaffirming its commitment to drive growth in the European private credit market.
UK Private Capital, formerly the BVCA, represents more than 600 firms across the private capital sector including fund managers, investors and professional advisers.
Arrow stated that its participation in the association will support the continued development of the European private credit market.
Read more: Arrow Global raises €4.2bn for European private credit and real estate
“As private capital continues to scale and mature, Arrow believes that participation in leading industry bodies plays an important role in promoting high standards of transparency, risk management and long-term alignment with investors,” the manager said in a statement.
Arrow said the private capital sector backs 13,000 UK businesses, nine in ten of which are small or medium-sized enterprises, with £29.4bn invested into British companies in 2024.
Alongside this, UK-based private markets players have raised £190bn in funds, which is expected to be deployed over the next three to five years.
Read more: Arrow Global expands into Middle East with new UAE office
Arrow Global is a European alternative asset manager, with investments across private credit and real estate, and overall manages €125bn (£108.3bn) in assets.
This comes after the BVCA rebranded as UK Private Capital in January, reflecting the evolution of the market and private credit’s increasing role in backing UK businesses.
