Operational capability underpins success in European asset-backed investing
In her article for the iConnections Mid-Year Global Investor Report, Toni McDermott, Head of Credit and Lending Solutions at Arrow Global, examines the structural opportunity in European asset backed private credit. She explains how bank retrenchment, refinancing pressure and market fragmentation are creating opportunities in mid-market real estate lending, while also requiring careful deal selection and operational depth.
“For us, the ability to originate, underwrite and manage assets on the ground is not a marginal advantage; it is central to risk management and value creation in a fragmented system.”
Read the full article here
Toni McDermott
Head of Credit and Lending Solutions
Toni joined Arrow in 2023 as Head of Credit and Lending. During her career spanning more than 25 years, Toni has invested in and managed performing and non-performing portfolios and businesses across Europe including UK, Ireland, Spain, Portugal, Italy, Germany and Greece. Before Arrow Global, Toni spent three years in Hong Kong running Morgan Stanley’s APAC Loan Solutions and Securitisation Group. In Europe, Toni was responsible for Centerbridge’s European Asset Backed Special Situations business for almost five years. Post GFC, Toni was one of the architects of Deutsche Bank’s European Portfolios principal business. Toni also has extensive experience in asset-backed and real estate lending, securitisation, as well as special servicing businesses.
Toni is a trustee of Coram’s Fields and Harmsworth Memorial Playground. She has a BCom International (BCIT) from University College Dublin.