Our use of cookies

We use Cookies to make our site work and give you the best online experience possible. This includes personalising content, and analysis of traffic to improve site performance. Find out more about cookies. Please view our privacy policy.


Analytics cookies

We’d like to set Google Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone.

:


Functional cookies

We’d like to set Functional Analytics cookies to help us to improve our website by collecting and reporting information on how you use it. The cookies collect information in a way that does not directly identify anyone.

:


Arrow Global launches Bergen Finance to enter short-term real estate lending in UK

Led by two new senior hires, new firm will seek opportunities in growing market as Arrow strengthens in-country operating platforms

Arrow Global, a leading European investor and alternative asset manager in credit and real estate, today announces the launch of Bergen Finance, a new dedicated bridging loan business dedicated to the UK short-term real estate lending market.

Bergen Finance will seek to take advantage of a market which has grown by over 400% since 2013 to over £5bn per annum. It will provide finance to UK companies with short term capital requirements, delivering good risk-adjusted returns that are anchored in the strength of the underlying property market.

Spearheading Bergen Finance will be Andrew Ward and Adrian Hogan who join the business as Managing Director and Director respectively.

Andrew has over 25 years’ experience in business and commercial lending at Lloyds TSB, Five Arrows (Rothschild) and Credit Agricole. More recently, Andrew founded two independent lenders, overseeing all origination and approving the underwriting of every commercial loan.

Adrian has almost a decade of experience in the secured lending space and has worked at a number of financial institutions, including founding and building out the Paddington Street bridge lending venture.

Bergen Finance will launch in December 2021 and will be headquartered in London.

Commenting on the launch of Bergen Finance, Jim Appleby, UK CEO, Arrow Global, said: “There is a scalable market opportunity to lend to companies, which are experiencing financial stress such as short-term cash flow, over capacity or supply chain problems, as well as positive growth and acquisition opportunities.

“We are excited by the opportunity and to add short-term real estate bridging capability to our UK offering that also includes our existing Capquest, Drydensfairfax and Mars Capital platforms.”

-Ends-

For further information:

Arrow Global

Nick Jones, Director of Corporate Communications

07545 059442

FTI Consulting

Tom Blackwell, Ambrose Fullalove

0203 727 1051

ArrowGlobal@fticonsulting.com