Pemberton raises €3.2bn more for Europe's mid-market
Asset manager Pemberton has raised €3.2bn for a direct lending fund focusing on Europe’s mid-market. This is a few months after it raised €1bn for another European direct lending platform, Strategic Credit Opportunities Strategy (SCOS), which has higher expectations on returns.
The additional €3.2bn is going into Pemberton’s European Mid-Market Debt Fund, which offers senior loans to European mid-market companies. Pemberton has four direct lending platforms — three with target returns of 5.75% to 7%, and a 13% target for SCOS.“As banks continue to de-risk and de-lever, there ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com