Pemberton, a diversified asset manager backed by Legal & General Group, 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.
As part of the opening, Victor Kihlgren, Director – Nordics at Pemberton, will be moving to Copenhagen. Victor joined Pemberton’s London office in 2016 and is responsible for institutional investors and private equity relationships across the Nordics market.
Symon Drake-Brockman, Managing Partner of Pemberton, says: “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.
Victor Kihlgren adds: “Pemberton has already seen the success that local offices bring to both our origination capabilities and our ability to be a leading service provider to institutional investors. Our new office in Copenhagen will allow us to meet the evolving needs of our clients in a market in which we see major growth opportunities. As our client base in the Nordics region expands, having this local presence is essential in serving the regional LPs and identifying the best investment opportunities.”
The office opening follows Pemberton’s recent Amsterdam office opening and the announcement that it has raised EUR1 billion for its Strategic Credit Opportunities strategy, the first primary-focused credit opportunities fund in Europe.
