Last week Arrow Global, specialized in investments in the credit and real estate sector, has announced the acquisition of Amitra Capital Limited from Canada Pension Plan Investment Board (“CPP Investments”) in a transaction which favors Arrow’s expansion in Spain and creates the basis for a partnership with CPP Investments. CPP Investments maintains its current direct economic interest in all portfolios managed by Amitra Capital.
Founded in 2019 and based in London and Madrid, Amitra Capital is specialized in the management of non-performing loans (NPL) and real estate investments in Europe
With a total AUM of over €4.0 billion has a leadership positions in the NPL and real estate markets of Spain and Portugal.
Zach Lewy, Founder, CEO and Chief Investment Officer of Arrow Global, commented: “This acquisition builds on our existing presence in Spain alongside our other operations, including Elba Finance and Galata, and also lays the foundation for a broader strategic partnership with CPP Investimenti.
The acquisition includes a new five-year services agreement between Arrow and CPP Investments, underscoring Arrow’s commitment to leveraging its wealth management expertise to improve portfolio performance. Amitra Capital’s strategic management team will continue to lead the company.
The acquisition of Amitra Capital strengthens Arrow’s role in the Iberian market where it is well present with the Whitestar, Norfin, Restart Capital, Viriato and Details Hospitality platforms.
