The team

Zach Lewy

CEO, CIO, Fund Principal

Zach has over 25 years’ executive experience in investment management and asset servicing. Zach founded Arrow Global in 2005 and serves as Group CEO and CIO of Arrow.

Zach has supervised over 1000 deals at Arrow and is a lead Principal in Arrow’s fund manager. Prior to joining 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). Zach was previously the Chair of the U.K. Debt Buyers Association and was named an Ernst and Young Entrepreneur of the Year in 2010.

He graduated from Princeton University with a BA in Economics with Honours and a Certificate in Applied and Computational Mathematics with Honours.

Monique O’Keefe

Chair of AGGCM, and Chief Risk and Governance Officer

Monique joined Arrow in 2019 as Chair of the Investment Manager of Arrow Credit Opportunities and is an Executive Director for Arrow Global Group. Monique leads on Governance for the fund, and has a wider executive responsibility covering Governance, Legal, Risk and Compliance for the wider Group.

Monique has over 25 years’ experience in finance, law and governance. She is also Deputy Chair of the Board of Commissioners at the Jersey Financial Services Commission and sits on the board of the Jersey Resolution Authority. Prior to this, Monique was working in structured finance at Goldman Sachs and Merrill Lynch in London and New York, and previously as a structured finance lawyer at Clifford Chance in London.

Monique has a Bachelor of Law, a Bachelor of Arts and a Master of Law from University of Queensland, Australia.

• mokeefe@arrowglobal.net

John Calvao

Fund Principal

John is Managing Principal of Arrow managed Funds as well as accountable for Arrow’s Platforms, Portfolio Management Performance, Fund Operations, IT & Change.

John’s role as Co-Head of the Fund follows from his two-year role as Italy Country Manager, creating and leading Arrow’s Italian strategy. During the same period, he played a key role in raising Arrow Credit Opportunities 1. Joining Arrow in 2010, John was Arrow’s Portugal Country Manager and Whitestar CEO.

Prior to that, John gained more than 15 years’ experience across various international capital market institutions, including as COO of MIAC Assurance Corporation, Head of Operations at SCA, which he joined after an independent consultant role overseeing the build out of the first independent, NPL servicing company in Portugal, and CIO at Clayton.

John began his career at MBIA.

• jcalvao@arrowglobal.net

Toni McDermott

CIO, Credit and Lending

Toni joined Arrow in 2023 as Credit and Lending CIO. 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 HK 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 4.5 years. Post GFC, Toni was one of the architects of Deutsche Bank’s European Portfolios business. She 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 BComm International (BCIT) from University College Dublin.

• tmcdermott@arrowglobal.net

Zachary Vaughan

Group Head and CIO, Real Estate

Zachary joined Arrow in 2023 as Head of Real Estate and Chair of the Real Estate Investment Committee. He joined Arrow Global from Brookfield Asset Management, where he was a Managing Partner in Brookfield’s Real Estate Group. In his most recent role, Zachary served as CEO and a member of the Board of Directors of Brookfield REIT. Prior to 2021, he was the Head of Europe, overseeing all real estate activities in the region, including investments, asset management, and new fund formation. During his tenure at Brookfield, Zachary was involved in investments across various property sectors, including Thayer Lodging Group, Inc., Center Parcs, Gazeley, Student Roost, International Campus, and the Interhotels Group.

Prior to joining Brookfield, Zachary worked at the CPP Investments (Canada Pension Plan) and Reichmann International.

• zvaughan@arrowglobal.net

Charlotte Gilbert

Managing Director, Client and Product Solutions

Charlotte joined Arrow in 2023 as Managing Director of Client and Product Solutions. Charlotte is responsible for and oversees Arrow’s fundraising efforts and product development. Prior to joining Arrow, Charlotte spent almost five years at Oaktree Capital Management where she was Managing Director, Marketing and Client Relations, and 12 years at Apollo Global Management.

Charlotte has an BA in Business Studies from the University of Westminster.

• cgilbert@arrowglobal.net

Phil Shepherd

Executive Director, Chief Commercial Officer

Phil Shepherd was appointed Group Chief Commercial Officer following the Acquisition and is an Executive Director of Arrow Global Group. Phil is responsible for the finance function, including financial performance and reporting, HR, Capital Allocation, Tax and Treasury. Phil joined Arrow in 2019 as Group Treasurer and was instrumental in the Group’s response to the COVID-19 pandemic.

He has over 30 years’ experience in finance and treasury and has held a number of senior treasury and finance roles in different industries and organisations. Before joining Arrow, Phil was Group Treasurer at Provident Financial plc for ten years and was Financial Controller and Treasurer at Cheshire Building Society, before becoming Head of Finance for Cheshire and Derbyshire Building Societies following their takeover by Nationwide Building Society. He has also worked in the retail and leisure sectors.

Phil is a qualified Chartered Accountant, an associate member of the Corporate Treasurers Association and holds an honours degree in Mathematics from the University of Sheffield.

• pshepherd@arrowglobal.net