Pemberton expands pan-European platform to Copenhagen
Overview
Pemberton, the diversified asset manager backed by one of Europe’s largest insurers, Legal & General Group PLC, today announces it has opened an office in Copenhagen, Denmark. Pemberton’s pan-European network now spans eight locations across Europe, also including London, Amsterdam, Frankfurt, Madrid, Milan, Luxembourg and Paris.
The opening comes at a time of increased investment opportunities in the Nordics region for the firm and will reinforce Pemberton’s relationship with investors, local borrowers, and the local private equity and financial community.
The office opening follows Pemberton’s recent Amsterdam office opening and the announcement that it has raised €1 billion for its Strategic Credit Opportunities strategy, the first primary-focused credit opportunities fund in Europe.
The opening of this office is an exciting step in the continued expansion of our platform, and highlights our commitment to building an on-the-ground presence in all the key markets across Europe. Direct lending in the Nordics is gathering pace as the number of investment opportunities increases and local banks begin to be constrained in providing financing. As an insurance backed lender, we see a clear opportunity for Pemberton to be a leading provider of direct lending in the region.
– Symon Drake-Brockman, Managing Partner at Pemberton
