Arrow Global Group completed the acquisition of a majority stake in AFE.

Arrow Global Group, an alternative asset management company specialising in European private credit and real estate, completed the acquisition of a majority stake in AFE, an investment company focusing on diverse range of primarily non-performing debt and real estate assets across Europe. Financial terms were not disclosed. “We are pleased to be partnering with all of AFE’s stakeholders in support of the recapitalisation. We look forward to repositioning and growing the portfolio as well as taking advantage of the opportunities that arise from expected continued dislocation in end markets,” Zach Lewy, Arrow Global Founder & CEO