Pemberton, the diversified asset manager backed by one of Europe’s largest insurers, Legal & General Group PLC, has been recognised again at the Alternative Credit Intelligence European Performance Awards, taking home the Direct Lending Fund of the Year and the Direct Lender of the Year in the Larger Mid-Market category awards.
For the second year in a row, Pemberton was awarded for its European Mid-Market Debt Fund, which secured one of the largest closes for an inaugural direct lending fund in Europe with €1.2bn of commitments.
2017 has yet again been a strong year for Pemberton, as it launched a strategic credit opportunities strategy and furthered expanded its senior team.
The Alternative Credit Intelligence European Performance Awards recognise and rewards funds that have outperformed their peers over the past 12 months. Pemberton was shortlisted alongside the likes of BlueBay, Cheyne Capital and ICG.
Symon Drake-Brockman, founder and Managing Partner of Pemberton, said: “We are extremely pleased to once again receive the endorsement of Alternative Credit Intelligence. Receiving these two awards is a great acknowledgement of the remarkable work our team has done in building a platform that is capable of originating, selecting, and managing diverse credit exposures.”
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