October 27, 2021 – ArrowMark Partners received the award in the Private Debt Specialty Finance category at the Alt Credit US Performance & Services Awards 2021 ceremony held on October 27th.1 The event recognized private debt managers and credit hedge funds that were able to take advantage of the opportunities that arose and avoided the pitfalls that emerged over the period ending June 30th.
Following the initial onset of the COVID-19 pandemic, ArrowMark’s Denver- and London-based team successfully pivoted between the primary and secondary markets as the opportunity in regulatory capital relief evolved. The firm deployed $1.4bn into the asset class from mid-March 2020 through the first half of 2021. Investments sourced at a discount to fundamental value from the secondary market were complemented by our ability to structure new issues that offered attractive return profiles while mitigating the ongoing impact of the pandemic.
“I’m extremely proud of the team’s efforts following the initial onset of the pandemic and during the subsequent months. We are honored by the recognition from Alt Credit,” said Kaelyn Abrell, Partner and Co-Portfolio Manager.
The investment activity extended the firm’s 11-year track record in the regulatory capital relief market. With approximately $4.7bn of investments in 66 distinct transactions since 2010, ArrowMark is one of the largest and longest tenured investors in the asset class.
About ArrowMark Partners
ArrowMark Partners is an employee-owned asset management firm founded in 2007. As of September 30, 2021, the firm manages approximately $24.1 billion2 in assets on behalf of institutional, financial intermediaries and high net worth investors across alternative credit and capacity-constrained equity strategies, as well as through the management of broadly syndicated and middle-market CLOs. ArrowMark is headquartered in Denver, Colorado with additional presence in California, London, and New York.
Contact Information:
IR@arrowmarkpartners.com
As of 9/30/2021.
1Source: Alt Credit US Performance & Services Awards 2021. Per Alt Credit, the award is for the best private debt fund for specialty strategies, covering litigation, consumer and small/medium enterprise lending, factoring & receivables, regulatory capital, royalties, trade finance and similar strategies. The funds were judged by a panel of industry experts, based on submitted IRRs, for example, portfolios or loans, or other marketing or investor materials. Preference was given to funds with a clear differentiated focus, and a scalable model, and taking into account the manager’s ability to source deals and extract added value. Additional information is available at: www.altcreditusawards.com/home
2ArrowMark AUM includes commercial real estate (“CRE”) assets, including commercial mortgage loans that the firm has originated and/or currently manage on behalf of insurance companies and other institutional investors.
APT001240