€9.6bn
Cumulative capital raised1
€12.0bn
Cumulative capital deployed1, 2
1Source: Pemberton Capital Advisors LLP, June 2023. 2Includes recycled capital during the investment period.
Core financing
The strategy focuses on investments in:
- Leading European mid-market companies with:
- Strong credit fundamentals;
- EBITDA typically between €15 million and €75 million;
- Proven management teams and professional shareholders.
- Senior secured loans with:
- First-ranking or second-ranking seniority;
- Financial and operational covenants to limit downside risk;
- Cash coupons to provide a regular income stream.
The strategy primarily focuses on investments in performing companies in defensive industries with characteristics including market-leading positions, strong cash flow generation, experienced management teams, and strong downside/structural protection. Our investments typically also provide companies with capital for growth and acquisitions.
Pemberton is typically the sole or lead lender to our portfolio companies, which allows our deal teams to negotiate bespoke bi-lateral lending agreements. It also allows our deal teams to have regular access to management and financial information that enables us to closely monitor loans post-close.
Investment opportunities are sourced through Pemberton’s local origination teams, which have extensive and long-standing relationships with private equity sponsors, banks and advisors. We also source new opportunities directly from companies and management teams, particularly where we can provide incremental capital to support attractive M&A opportunities for existing portfolio companies.
The strategy is managed by Portfolio Managers, Steven Craig and Robert Wartchow.
In our sector, speed and certainty of execution are key for the success of a buy & build strategy. Pemberton’s understanding of this has been outstanding and dealing with a single like-minded partner for financing proves valuable.
Stijn Nijhuis
CEO of Enreach - 2020
Selected recent investments

A portfolio company of

1st Lien
May 2022

A portfolio company of

Term Loan & Acquisition Facilities

January 2022

A portfolio company of

1st Lien
July 2021

A portfolio company of

1st Lien

July 2021

A portfolio company of

Term Loan
January 2022

A portfolio company of

1st Lien
September 2021

A portfolio company of

1st Lien
June 2021

A portfolio company of

1st Lien

June 2021