Pemberton hires Rob Reynolds to lead new CLO strategy
Overview
Pemberton, the leading alternative credit specialist, today announces the appointment of Rob Reynolds to head its new Collateralised Loan Obligation (CLO) platform.
Rob is a key figure in the European CLO and Leveraged Loan Markets and will focus on building Pemberton’s CLO business into an innovative platform.
The Global CLO market has seen substantial growth over the past ten years, reaching over €38bn* in Europe last year. Pending FCA approval**, the new strategy will complement Pemberton’s direct lending and working capital finance strategies, offering investors access to broadly syndicated loans to suit their investment strategies and allocation needs. The strategy will consider ESG in line with Pemberton’s proactive and pioneering approach.
Prior to joining Pemberton, Rob was a partner at Spire Partners and previously held senior positions at 3i Debt Management and Resource Europe Management. He has a Maths degree from Manchester University, an MBA from Bayes Business School and a Doctorate from Durham University Business School. He is also an Associate of the London Institute of Banking and Finance.
Rob’s appointment is the latest in a number of senior hires, following the recent appointment of Olivier Renault, who will manage Pemberton’s new Risk Sharing Strategy. The launch of Pemberton’s CLO strategy means it will offer investors access to six different alternative credit strategies, providing further opportunities for investors**.
*Source: Leveraged Commentary & Data (LCD); Wells Fargo Securities Structured Finance Research.
**Subject to FCA UK regulatory approval for investment management activity.
We are always looking to create new and attractive investment opportunities for our partners. From conversations with long-running investors and significant research of the market, it is clear to us that launching a CLO strategy** is a natural next step in the evolution of Pemberton. Rob has all of the right experience and drive to help build a leading CLO business, helping us shape the next generation of alternative credit products.
– Symon Drake-Brockman, Managing Partner at Pemberton
Pemberton is one of the fastest-growing managers in the market and never seems to stand still. Its institutional roots, deep credit expertise and international scale means it is incredibly well-placed to build a market-leading CLO offer. I have been impressed by the team’s clear strategic vision for the organisation and look forward to get going.
– Rob Reynolds, Head of CLO at Pemberton
About the author
Symon Drake-Brockman
Managing Partner
Robert Reynolds
Managing Director, Head of CLOs
