Pemberton expands to the Middle East with new office and senior hire
Overview
Pemberton, a leading European private credit manager transforming traditional credit markets, today announces the opening of an office in Dubai. The office will be led by Anis Ghamgui who joined Pemberton from BlackRock as Managing Director and Head of Middle East and Africa.
The opening demonstrates Pemberton’s commitment to building deep long-term relationships with institutional investors in the region, and is strategically important to the growth of the Pemberton platform. Pemberton strongly believes in the importance of having a local presence in order to truly understand investors’ needs and better develop tailored solutions for its clients.
Anis brings over two decades of experience in business development. Prior to joining Pemberton, he spent two years as Head of the Institutional Client Business for the Middle East and North Africa at BlackRock, whilst also sitting on the EMEA ICB Executive Committee. At BlackRock, Anis was responsible for all aspects of business management and strategic leadership in the region. His experience also includes six years as Head of Institutional Sales for MENA & Central East Asia at Natixis Global Asset Management, as well as positions at Morgan Stanley and S&P.
Pemberton plans to increase its presence in the Middle East over the next few years by bringing on board local talent with a reputation for building lasting partnerships based on first-class client servicing.
Since inception in 2013, Pemberton has grown its assets under management to almost US$16bn as at 1st January 2022, undergoing significant international expansion. It now has one of the largest pan-European investment teams working across eight locations throughout Europe, as well as a significant presence in North America and now in the Middle East.
As a business we have always believed in the importance of local relationships, so opening an office in Dubai felt like a logical next step. The region is home to many of the world’s leading investors and if we want to truly understand their needs, we should be closer to them. Anis is one of the most experienced local client-focused professionals and is the right person to lead our development in the region.
– Symon Drake-Brockman, Managing Partner at Pemberton
The Middle Eastern and African markets are increasing their exposure to private debt strategies, often reallocating from fixed income or alternatives. Private Debt is emerging as core part in the strategic asset allocation for major institutional investors, both for the yield opportunities it provides and for the returns on a risk adjusted basis, compared to other asset classes. The region is looking to build strong partnerships with key game changers in the industry. I joined Pemberton based on my belief that it is well equipped to be one of the key partners to investors in the region to provide access to the private debt asset class. Pemberton has succeeded in becoming one of the leading alternative credit managers in Europe and is on the journey to expand its platform globally, which offers great opportunities to investors. I look forward to partnering with leading regional investors to provide them with high-quality investment solutions.
– Anis Ghamgui, Managing Director, Head of Middle East & Africa at Pemberton
About the author
Symon Drake-Brockman
Managing Partner
Anis Ghamgui
Managing Director, Head of Middle East & Africa
