Rethinking resilience in private credit
Featured in Investment & Pensions Europe (IPE), Arrow’s Founder and CEO, Zachary Lewy, sets out why resilience in private credit is increasingly defined by structure, collateral and local execution rather than broad market generalisations.
As the market matures, the distinction between corporate and asset-backed lending has sharpened. Asset-backed strategies are secured against physical assets, with clearer attachment points and risk visibility, supported by operating models that combine local market knowledge with disciplined, centralised risk management.
“The defining challenge for managers is that it is inherently local. Assets are physical by nature, and effective underwriting requires proximity to them… Asset-backed lending demands a different operating model, one that combines local market knowledge with centralised risk management.”
Read the full article here.
Zach Lewy
CEO, CIO, Fund Principal
Zach has more than 25 years of executive experience in investment management and asset servicing. He founded Arrow Global in 2005 and has since led the business as Group CEO and CIO, transforming it into a leading Pan-European investment manager specialising in private credit and real estate. Under Zach’s leadership, Arrow manages more than €125 billion of serviced assets across Western Europe and generates alpha across alternative asset classes, including opportunistic credit, real estate, and lending.
Zach has supervised over 3,000 deals at Arrow and plays a key role as lead Principal in Arrow’s fund manager. Prior to founding Arrow, he was an Officer of Sallie Mae, a Director at Vertex (the BPO division of United Utilities), and a Founder and Executive Director of 7C (a U.K. BPO company acquired by Vertex). He has also served as Chair of the U.K. Debt Buyers Association and the Chair of SCOR. In 2010, he was named an Ernst and Young Entrepreneur of the Year.
Zach graduated from Princeton University with a BA in Economics with Honours and a Certificate in Applied and Computational Mathematics with Honours.