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Pemberton and iCapital expand access for wealth managers and their clients to European alternative credit

Pemberton, an alternative credit specialist, has formed a strategic partnership with iCapital to expand its Wealth Management Solutions initiative.

 

Through this partnership, Pemberton will leverage iCapital’s end-to-end technology solutions and have access to iCapital’s distribution partnerships to expand the offering of Pemberton’s private debt strategies to wealth managers globally.

 
iCapital is a global fintech platform, driving access and efficiency in alternative investing for the asset and wealth management industries. Historically, European alternative credit has primarily been accessible to institutional investors. However, wealth managers and private banks are increasingly seeking exposure to the asset class to achieve portfolio management goals of diversification and income enhancement in the current low yield environment.
 
The partnership with iCapital will provide wealth managers and their clients with a convenient digital experience and access to Pemberton’s deep expertise in alternative credit, based on its network of European sourcing offices and its rigorous credit processes.
 
Pemberton’s offering will be particularly attractive to private wealth investors seeking a greater focus on ESG. To date, Pemberton has structured €4.15bn* of loans with margin ratchets designed to incentivise borrowers to improve their ESG footprint in relation to a range of criteria, including to reduce carbon emissions, improve corporate governance, invest in local communities, and promote equal opportunity and diversity.

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