Arrow Global Group Acquires Zenith Service

Zenith was established as an independent company in 1999 and registered under Article 106 of the Italian Banking Act as a financial intermediary. It manages and oversees securitised and non-securitised loan portfolios from offices in Milan and Rome. The business has over 70 staff and typical clients include Italian and international banks, leasing companies, hedge funds and other financial entities. Zenith has ranked as a master servicer since 2004 (above average with positive outlook) and the business has Master Servicing agreements for over EUR14.1bn of assets under management. The company further benefits from the stability of its revenue basis, which is linked to multi-annual mandates.