Arrow Capital Management hires underwriting lead
25 March 2021
Arrow Capital Management hires underwriting lead
Arrow Global Group plc (“Arrow”, and together with its subsidiaries the “Group”), a leading European investor and alternative asset manager in non-performing and non-core loan portfolios and real estate assets, is pleased to announce the appointment of Davide Stecchi as Managing Director, Underwriting, to lead the Arrow Capital Management underwriting team.
Davide Stecchi has over 17 years financial services experience with a specialism in real estate investments across Europe. Prior to joining Arrow, Davide spent 7 years at Hudson Advisors, the asset management and underwriting platform of diversified asset manager Lone Star as head of Continental Europe. Before that, Davide covered several positions in Archon Group, the servicing and underwriting platform of distressed real estate and non-performing loans and subsidiary of Goldman Sachs.
Within Arrow’s fund management business, Davide is responsible for underwriting investment opportunities on behalf of ACO1 in the real estate and credit space across UK, Ireland, the Netherlands, Italy and Portugal. He joined Arrow Global in March 2021, and is based in London, reporting to Zach Lewy, Founder, Group CIO and CEO, Fund Management.
Zach Lewy, Founder, Group CIO and CEO, Fund Management,said:
“Following the conclusion of our successful debut fund raise our focus has been on providing market leading returns for our global investors by sourcing and executing portfolio deals as we put our pool of capital to work. I’m very pleased to welcome Davide to Arrow as we build out our senior fund management team to support us as we capitalise on the significant opportunities we are seeing in our market segment and build our assets under management.”
Davide Stecchisaid:
“I am very excited to join Arrow at such an exciting time as the nascent Fund Management business gathers momentum on the back of one of the most successful first time fund-raises the industry has seen. I believe Arrow is extremely well positioned to provide attractive returns to its investors and take advantage of a significant market opportunity. I am looking forward to helping the team pave the way to further growth and success.”
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For further information:
Arrow Global
Nick Jones, Group Head of Corporate Communications
07545 059442
FTI Consulting
Tom Blackwell, Laura Ewart, Ambrose Fullalove
0203 727 1051
About Arrow Global
Established in 2005, Arrow Global is a European investor and alternative asset manager specialising in non-performing and non-core assets. 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 €4.2 billion (as at Q3 2020).
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