European Private Investments

Our London-based team has great flexibility to meet borrowers’ needs across Europe.

Investment size



Up to 80-90%

Average term

60 days-4 years



Strategy Description

In Europe, we focus on opportunities in asset acquisition, credit, and deep value within direct corporates, property, structured finance, special situations, and portfolios of various assets. In addition to direct originations, Arena actively co-invests, joint ventures and creates operational partnerships. Arena provides speed of execution, and its flexible capital allows for out-of-the-box creative structures to meet borrowers’ needs in the following investment areas:

  • Corporate private credit
  • Commercial & industrial assets
  • Consumer assets
  • Real estate
  • Other related asset classes

Underwriting Ability

Rather than specifically underwriting against an absolute level of EBITDA, Arena seeks to understand the “story” or problem, revenue, assets (non-traditional) and overall enterprise value.


Private equity sponsors, independent sponsors, directly with management and owners of assets (companies, hard assets/intangible assets and options), and other related counterparties

Investment Structures

Real Estate: Secured non-performing loans, mezzanine and bridge loans, commercial and residential hard asset investment, discounted pay-off (DPO) finance

Loan Portfolio: Portfolios of secured and unsecured receivables and loans; residential mortgages, credit cards, auto loans, subordinate pieces of warehouse facilities, mortgage shortfalls; specialty credit/finance companies, including “fintech”

Corporate Debt: Secured and unsecured loans (e.g. claims, liquidations); rescue financing/DPO finance; transition capital, including senior, bridge and/or mezzanine; venture debt

Lease- and Collateral-Backed Financing: Public market securities or privately negotiated transactions; aircraft, shipping, equipment leases, secondary purchases, litigation finance, invoice finance, fund finance, etc.

Structured Products: RMBS, CMBS, other asset-backed or asset-based securities

Fact Sheet


APablo Fragaz

Managing Director, European Private Investments


Residential Project in Pefki, Greece

Asset Acquisition

€4.7 Million

October 2023

Office Building in Kifissia, Greece

Asset Purchase

€4.5 Million

October 2023

Tourist Property in Costa Brava, Spain

1st Lien

€7.5 Million

October 2023

Tourist Property in Algarve, Portugal

Asset Purchase

€7.1 Million

August 2023

German Insolvency DIP Loan

DIP Loan

€19 Million

May 2023

Spanish Hotel

Asset Purchase

€12.3 Million

April 2023

Residential Real Estate in Greece

Hard Asset

€4.5 Million

April 2023

Greek Non-performing Leases and Leasing Platform


€9.9 Million

April 2023

Retail Building in London, UK

1st Lien Bridge Loan

£6.5 Million

March 2023

Greek Residential Land

Asset Purchase

€1.2 Million

January 2023

Two Office Buildings in Nea Philadelfia, Attica

Hard Asset

€8 Million

July 2022

Hotel in San Roque, Cadiz

Hard Asset

€12.4 Million

July 2022

Amounts shown are for Arena Investors’ commitment or the global facility commitment where Arena Investors was leading the transaction, including in cases in which a joint venture partner of Arena Investors was involved, unless such amount of Arena Investors’ participation was less than 90% of the total, in which case only the Arena Investors commitment is included. In certain cases, amounts shown are inclusive of follow-on commitments and/or combine related transactions. Amounts may be indications that are different than actual funded amounts. This information is intended to be illustrative and is not an offer or a solicitation to invest. No representation is made about the attractiveness or performance of the transactions. This document and its contents are the proprietary information of Arena Investors and may not be reproduced or disseminated, in whole or in part, without Arena’s prior written consent.

Fact Sheet & Contact

APablo Fragaz

Managing Director, European Private Investments