Positioned for Prosperity

The growth and return opportunities for direct lending in Europe’s mid-market are highly attractive.
With banks continuing to reduce lending volumes and increased market volatility reducing the
predictability of public financing markets, private credit has emerged as a robust solution for borrowers
and LPs alike.
However, direct lending portfolios have been tested by slower economic growth, the impact of higher
rates, inflation, supply chain disruption and changes in the geopolitical landscape.
Through a blend of scale, expertise, local market insight and disciplined investment processes, private
credit managers in the European mid-market can capture this opportunity and create significant value
through the cycle for both borrowers and LPs.

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For further information or if you have a specific query, please get in touch.

Steven Craig

Managing Director, Mid-Market Debt

Steven is a Portfolio Manager at Pemberton where his responsibilities include the management of the Mid-Market Debt strategy and the selection, due diligence and structuring of new investments.

More about Steven Craig

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