14th January 2015

Pemberton expands European loan origination capability into Germany


Jürgen Breuer to head DACH (Germany, Austria and Switzerland) & Nordic regions

Pemberton, the independent asset management group backed by Legal & General, and focused on private debt and direct lending to European Mid-Market companies, has further strengthened its loan origination capability with the hiring of Jürgen Breuer.

Mr Breuer previously established and led market leading leverage and acquisition finance businesses for Dresdner Bank and West LB in Germany. Mr Breuer has 20 years’ loan markets experience in German mid-market corporate banking and leveraged finance and will lead Pemberton’s business in Germany, Austria & Switzerland.

Thomas Duetoft who heads the origination business at Pemberton, and previously played a leading role in the development of Royal Bank of Scotland’s European loan business, has recently announced John Doyle, the former head of Siemens Bank Leverage and Acquisition finance, as head of the UK and Ireland.

Jürgen brings extensive transaction expertise and an exceptional track record of building market leading loan businesses in Germany, where he is extremely well known and highly respected by the borrower and banking community. As with our previous hires of Thomas Duetoft and John Doyle we continue to build-out our origination platform with senior and well-known loan bankers with strong local networks and relationships.

– Symon Drake-Brockman, Managing Partner at Pemberton

I am delighted to be joining Pemberton at such an exciting time of growth for the firm and the private debt market. With the strong institutional backing and very experienced senior management Pemberton is ideally placed to be a long term and trusted provider of financing to the Mittelstand in Germany, Austria and Switzerland, in partnership with local banks.

– Jürgen Breuer, Head of DACH & Nordics at Pemberton

Biography: Jürgen Breuer, Head of DACH & Nordics

Jürgen Breuer has 20 years’ loan markets experience with a strong focus on German mid-market corporate banking and leveraged finance, including senior roles at WestLB and Dresdner Bank. Mr Breuer joined Pemberton in January 2015.

Prior to joining Pemberton, Mr Breuer was a founding partner and managing director of Astorius Capital, an issuer of mid-market focused private equity feeder funds.

Previously, Mr Breuer worked at WestLB from 2006-2013, where he was Head of Leveraged Finance from 2006-2010 and subsequently Head of Active Credit Portfolio Management (ACPM).

Mr Breuer joined WestLB in 2006 to strategically re-position WestLB as a leading European arranger of leveraged finance transactions, with a primary focus on Germany. He subsequently took up the role of Global Head of Leveraged Finance and Financial Sponsors in 2008, at which time he positioned the firm as the #1 leveraged finance underwriter and book-runner in Germany, managing teams in Frankfurt, London, Hong Kong and Sydney. From 2010 Mr Breuer became Head of ACPM, reported directly to the Board of WestLB and was responsible for actively managing 95% of the WestLB corporate and structure finance loan book. He was a member of the board of the Corporates & Structured Finance Division and a voting member of both the Global Risk Committee and the Group Credit Committee.

Prior to joining WestLB, Mr Breuer worked at Dresdner Bank from 1995-2006, where he led the Leveraged Finance team for the DACH region from 2001-2006. Under his management, Dresdner Bank became the leading arranger and underwriter of German sponsor-driven LBO deals in 2004-2006.

Mr Breuer began his banking career in 1988 at Deutsche Bank. He holds a Master in Business Administration from the University of Cologne.

About the author

Jurgen-Breuer

Jürgen Breuer

Partner, Head of DACH & Nordics