Different asset supervisor Arrow World has chosen SEI to help its fund administration, mortgage operations and investor providers for its personal credit score fund domiciled in Luxembourg.
Arrow World focuses on personal credit score and actual property alternatives in Europe, and providers round €90bn (£70.9bn) of property underneath administration.
Learn extra: Arrow World reviews file origination as funds underneath administration hit €10.5bn
SEI is the most important fund administrator for personal market funds in Luxembourg which are managed by a US agency and the most important personal credit score fund administrator by property globally, in keeping with Preqin information. It companions with greater than 320 conventional asset managers, various managers and sovereign wealth managers globally.
“We’re dedicated to delivering robust risk-adjusted returns for our traders, and having transparency into information is vital to sustaining our traders’ confidence in that dedication,” mentioned Meera Savjani, fund chief monetary officer at Arrow World.
Learn extra: Arrow declares $400m funding from Abu Dhabi SWF
“SEI’s expertise offers the sturdy and scalable options which are customised primarily based on our wants – serving to us elevate our enterprise by way of a streamlined onboarding course of, elevated information insights and transparency, and environment friendly processes.”
Bryan Astheimer, head of SEI’s funding managers enterprise, EMEA, added: “We’re thrilled to companion with Arrow World and help their strategic development. An necessary aspect of transformation is bringing workers alongside the journey, and we labored intently with Meera and the Arrow World group to speak and combine new processes into their workflow and merchandise.
“As entry to the options market continues to broaden, asset managers like Arrow World wish to meet investor demand by way of expertise and operational options which are tailor-made to their wants and enhance effectivity.”
Learn extra: Arrow World chief eyes alternatives in specialty asset courses
Arrow World received the award for Distressed Debt Supervisor of the Yr this 12 months’s Different Credit score Awards.