Arrow Global Partners with SEI to Enhance Private Credit Fund Management
Arrow Global and SEI: A Strategic Collaboration for Growth
In the ever-evolving landscape of alternative asset management, Arrow Global Group Limited has made headlines by selecting SEI (NASDAQ: SEIC) as its strategic growth partner. This partnership aims to enhance Arrow Global's fund administration, loan operations, and investor services specifically for its private credit fund based in Luxembourg.
The Unfolding Details of the Partnership
Arrow Global stands out as a distinguished European alternative asset manager with a specialized focus on private credit and real estate investments. With the increasing demand for private credit solutions, both established and emerging asset managers face numerous operational challenges that necessitate effective resolution. SEI’s reputation as a leader in fund administration is solidified by its ranking as the largest private market fund administrator for U.S. firms in Luxembourg.
Meera Savjani, who serves as the Fund CFO for Arrow Global, expressed her enthusiasm regarding this collaboration. She emphasized the importance of providing robust risk-adjusted returns while maintaining transparency for investors. "SEI’s technology offers scalable solutions that are tailored to our requirements. This partnership is crucial for streamlining onboarding, providing deeper insights, and enhancing operational efficiency," she elaborated.
Aiming for Operational Excellence
The partnership represents a significant step toward overcoming complex operational hurdles faced by alternative asset managers. As Meera pointed out, investors' confidence hinges upon their access to reliable data and insights, attributes that SEI pledges to deliver through its advanced technological framework.
In echoing the sentiments of collaboration, Bryan Astheimer, the head of SEI's Investment Managers Business for EMEA, reflected on the importance of integrating the new systems into Arrow Global's existing workflow. "Every transformation journey is fueled by collaboration with team members. SEI is committed to working closely with Arrow Global, ensuring that the integration of systems is seamless and effective," he said.
SEI's Extensive Operational Capabilities
SEI operates from multiple strategic locations, including Oaks, PA; London; Dublin; and Luxembourg, allowing them to facilitate an integrated operational platform that benefits clients through enhanced data transparency and operational clarity. Over the last three years, SEI has proven its mettle in the European market, rising to become one of the top administrators for private credit funds in Luxembourg.
With a staggering $1.5 trillion in alternative assets under administration as of late September 2024, SEI has a notable track record, making it a worthy ally for Arrow Global as they target significant growth.
What Lies Ahead
As the alternatives market expands, the need for adaptable technological and operational solutions has never been more pressing. The collaboration between Arrow Global and SEI sets the stage for scaling business operations and achieving strategic goals in the competitive landscape of alternative asset management.
In conclusion, the partnership between Arrow Global and SEI marks a pivotal moment in the world of private credit. It symbolizes not just a tactical alliance but also a shared vision to optimize operations, elevate investor trust, and drive sustainable growth in an increasingly complex market.