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.


Europa Investimenti appoints new Chief Executive Officer

Daniele Patruno appointed CEO of Italy’s Europa Investimenti in Europe’s largest NPL market

London, 24th October 2022 – Arrow Global Group (“Arrow Global”), a leading European investor and alternative asset manager in credit and real estate, is pleased to announce the appointment of Daniele Patruno as Chief Executive Officer (CEO) to its Milan-headquartered Europa Investimenti.

Daniele has worked at Europa Investimenti since 2009 and was most recently Head of Credit Strategy. Prior to working at Europa Investimenti, he started his career at Barclays Capital in London. He holds an BA and MA in Business Economics from the prestigious Bocconi University’s business school in Milan.

Acquired by Arrow in 2018, Europa Investimenti is an important part of Arrow’s specialised offering in Italy, Europe’s largest NPL market. The business is unique in the wide range of services that it offers, from acquiring and securitising NPLs through to the financial restructuring of distressed or insolvent companies, and it will continue to develop its local and highly specialised offering. Daniele will be focused on building on the very strong foundations that it has in the Italian market and growing the business as more special situations present themselves.

Incumbent CEO, Stefano Bennati, who founded the business in 2007 and has overseen the growth of the business, delivering an outstanding track record, building an experienced management team and establishing strong network of professional relationships with banks, courts, servicers, regulators, and the wider financial restructuring sector, will continue in his role as Chairman of Arrow Global Italy. He will use his 30 years of industry experience to further enhance Europa Investimenti’s reputation in the Italian market.

Daniele will be based in Milan, reporting to Mark Gollin, Managing Director and Global Head, Platforms.

Mark Gollin, Managing Director and Global head, Platforms, said:

“Under Daniele’s leadership Europa Investimenti will further develop its local, highly-specialised services including the advisory activity for the deployment of the SGT ACO Umbrella (Italy) Fund; the alternative fund managed by Sagitta Sgr focused on the Italian distressed market which requires local expertise due to the complexities of the local regulatory and legal frameworks. We look forward to working with Daniele and his local leadership team to further grow Europa Investimenti over the coming years.”

Daniele Patruno, said:

“The market opportunity in Italy is substantial and Europa Investimenti is uniquely positioned in European’s largest NPL market. I have witnessed the rapid growth of Europa Investimenti since I joined the business over a decade ago, and it has been a privilege to be part of its journey as it has become an important part of the Italian financial ecosystem, acquiring and managing distressed assets, as well as helping companies restructure their businesses. This is an exciting time to lead the business and I look forward to working with all our stakeholders.”


For further information:

Arrow Global

Nick Jones, Director, PR and Communications

+44 (0)7545 059 442

Arrow Global Group

Established in 2005, Arrow Global is a European investor and alternative asset manager specialising in credit and real estate. We identify, acquire, and manage secured and unsecured loan and real estate portfolios from and on behalf of financial institutions, such as banks, institutional fund investors and specialist lenders.

We play an active role in helping financial institutions reduce their balance sheets and recapitalise in order to increase mainstream lending. By purchasing and managing non-performing loans and other non-core assets, we provide valuable capital and expertise to a growing European market.  We are a regulated business in all five of our European markets.

We invest in this asset class through our fund management business as well as directly, and also generate revenues from managing and servicing assets on behalf of third parties.

Arrow's Fund Management Business has total FUM of €5.3 billion (as at Q2 2022) and over €70 billion of asset servicing AUM.