Financing corporate supply chains with institutional capital

Jean Tournaire

Managing Director

Short-term, working capital finance

The strategy focuses on investments in:

  • Supply chain finance for large companies and their customers and suppliers;
  • High quality, short-term receivables and payables;
  • Credit-insured assets and uninsured assets.

The strategy offers investors a stable, lower risk, strategic cash alternative via a range of open-ended structures, including monthly and quarterly liquidity products. Receivables and payables have zero duration risk and demonstrate a minimal level of volatility across the economic cycle.

Supply chain finance products are growing quickly as an asset class due to an increased demand from corporates for financing and the continued liquidity and capital constraints faced by many banks. We provide financing for both local and global businesses, enabling companies to optimise the management of their cash and working capital.

Pemberton sources investment opportunities through its Origination teams in Europe and the US, partnerships with supply chain finance platforms and long-standing relationships with large multi-national banks.  We utilise the credit underwriting expertise of Pemberton’s investment team on all of our investments.

The strategy is managed by Portfolio Manager Jean Tournaire.

Our other clearly defined risk-reward strategies

Senior Loan

The strategy targets first lien investments in larger companies, with lower leverage and larger equity cushions than our Mid-Market Debt strategy…

Mid-Market Debt

The strategy primarily focuses on investments in performing companies in defensive industries with characteristics including market-leading positions…

Strategic Credit

The strategy focuses on performing credit rather than stressed/distressed debt and loan-to-own debt investments. Depending on the credit quality…