ArrowMark Receives Alt Credit US Performance Award 2021

Posted: 10.27.2021

ArrowMark’s regulatory capital relief effort won the award in the Private Debt-Specialty Finance

DENVER, COLORADO, 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.

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