Insights

CLO structures incorporate mechanisms designed to protect investors across varying credit environments. Historical performance data from Standard & Poor’s confirms negligible defaults across multiple stress periods, from the 2008-09 crisis through the recent inflation cycle. In the latest article in our CLO Insights Series, produced in association with Weil, Gotshal & Manges (London) LLP, we […]

As we close Q3 and look ahead to year-end, the European mid-market continues to demonstrate resilience despite broader macroeconomic challenges. M&A volumes in Europe remain steady, with over half of our introductions this quarter tied to sales processes, while refinancings, including Continuation Vehicles, continue to represent a prominent theme. In our quarterly European Mid-Market Monitor, […]

The Standard of Care is central to CLO management. In the second edition of our CLO Insights Series, we examine its practical impact on managers’ responsibilities. The principle is straightforward but important: CLO Managers must manage capital with the same level of skill and attention they apply to comparable assets across their business. Reasonable care […]

In a market environment characterised by ongoing disruptive events, investors are seeking reliable and predictable sources of return.  Mid-market direct lending, when guided by a clear strategy and executed with discipline, can provide precisely that— predictable, reliable, risk-adjusted returns.   In our latest insights, we explore how Pemberton’s investment focus, through successive fund generations and structural […]

Market shifts naturally create new dynamics for general partners, bringing new opportunities for growth. For those ready to act, these changes can serve as a catalyst for long-term success.   Pemberton’s GP Solutions provides GPs with non-dilutive capital that unlocks the value appreciation of their prior fund investments that can be reinvested to support future fund […]

Pemberton’s Managing Partner and Co-Founder, Symon Drake-Brockman, shared his views on European private credit opportunities with Francine Lacqua on Bloomberg’s The Pulse show yesterday.

At Pemberton, stewardship is a key activity in how we partner with borrowers. In our latest article, Stewardship in Action: Case Studies of Leading Practice in Private Credit, we bring four stewardship tools recommended by the UN-backed Principles of Responsible Investing to life

Par value is the cornerstone of CLO structures, shaping investor protections and serving as a key measure of a manager’s skill. The first edition of our CLO Insights Series explores the central role of par value with a focus on: For institutional investors, understanding par value dynamics is essential for CLO evaluation and manager selection. […]

Pemberton is pleased to share our latest insights on how responsible investing (RI) underpins our core objective: financing resilient, well-managed European businesses with strong growth potential.

Momentum in M&A and the diverging macro-landscape between the US and Europe reinforces Europe’s investment appeal where we believe better risk-return is available for LPs.

At Pemberton, we recognise that climate change presents interconnected risks and opportunities that can influence the industries and economies in which we invest. 

Evolving regulation, diversification benefits and sector consolidation are among key trends driving increased investor demand and growth for European private credit. Discover key drivers behind the evolution of private credit and gain insights into the asset class’s outlook from Pemberton’s Managing Partner and Co-Founder Symon Drake-Brockman, on the latest episode of Financing the Economy podcast […]