Following its successful launch of Strategic Industrial Real Estate (SIRE), a €2 billion ($2.2 billion) pan-European joint venture with a leading North American private equity investor, Arrow Capital Partners has appointed Marie Ferguson as Financial Controller. Marie is responsible for all accounting, finance and financial reporting across the Arrow platform, including both the Asian, Australian and European businesses.
Christian Bearman, Partner and Head of Europe at Arrow Capital Partners, said, “Having worked with Marie for 5 years, we are delighted to welcome her back to the Arrow team. She will provide us a wealth of experience covering the structuring, accounting and financing of complex transactions across multiple jurisdictions, as we continue to grow the business across Europe, building on the €200m of acquisitions completed in SIRE in the past half year and the €1.5bn of assets we are managing in Spain”.
With 17 years of commercial finance experience primarily in real estate and investment fund finance, she has excellent knowledge of managing investment funds in multiple jurisdictions. Prior to joining Arrow, Marie was Financial Controller at Vengrove and Head of Fund Accounting at Valad for 5+ years, with responsibility for €3bn of AUM across UK and Europe that included all elements of finance and accounting.
The SIRE joint venture will invest in core-plus industrial and logistics assets yielding more than 5 percent as well as vacant assets with strong lease-up potential. It will focus on urban infill locations across Europe’s major cities and strategic transport hubs that are benefitting from structural trends in urbanization and e-commerce growth. The team at Arrow has historically been one of the largest owners of strategic industrial/urban logistics assets in Europe over the last 15 years.
The joint venture will be led by Katherine Parker, Partner at Arrow Capital Partners, and will invest across Europe, predominantly in Germany, Benelux, United Kingdom, Italy and Spain, as well as in the Nordics, France and Central Europe. Seeking exposure to single and multi-let industrial, distribution warehouses, “last touch” logistics, cross docking, trade counter and storage space, the joint venture will acquire properties in locations within urban conurbations, ports, railways, airports and accessible to major transport networks.
With the backing of AMB Capital, one of Australia’s largest family offices, Arrow has already acquired, managed and transacted more than €1 billion ($1.11 billion) of deals across Europe and Asia over the last 12 months and has a team based out of six offices globally.
Arrow targets equity and debt investment opportunities, specializing in cross-border transactions where it can use its platform and balance sheet to invest with its U.S. and Asia-Pacific capital partners into Europe, as well as European and U.S. investors into the Asia-Pacific region.