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Silicon Valley Bank appoints Wibke Pendse as MD of Private Equity Finance and Banking in the UK

Silicon Valley Bank has appointed Wibke Pendse as Managing Director of Private Equity Finance and Banking for the UK. 

Pendse joins the UK branch from Silicon Valley Bank’s headquarters in California where she was responsible for managing an extensive portfolio of private equity client relationships

In this new role, Pendse will lead the growth of the Private Equity Finance and Banking business in the UK, offering private equity and venture capital firms a range of banking and finance services, including capital strategies and solutions, global banking and rich industry connections and insights.In addition to expertise in the innovation sector, SVB’s Private Equity Finance and Banking team works with firms investing in all sectors, and geographies, such as Scottish Equity Partners, Accel KKR and SilverLake Partners. SVB banks more than 1,200 private equity and venture capital firms in the US, Europe and Asia.

Pendse brings more than 10 years’ experience banking private equity and venture capital firms. Prior to joining SVB in the US in 2010, Wibke was Vice President of Venture Capital Services at Square 1 Bank. She was also Assistant Vice President of Equity Fund Services at Comerica Bank in the US, responsible for managing a loan portfolio and developing private equity client relationships.

Phil Cox, Head of EMEA and India and President of UK Branch, Silicon Valley Bank, says: “We are delighted to welcome Wibke to the team. She brings specialist expertise to the role that will help to forge deeper and long lasting relationships with the private equity sector in the UK. There is a significant opportunity to grow this part of our business and Wibke brings a proven track record working with funds across all sectors and stages.”

Pendse says: “As a dedicated team with over 25 years of experience we offer an unparalleled expertise in world class client service. Our approach enables us to truly get to know our clients and their objectives in order to create bespoke solutions. After more than 10 years in Silicon Valley I am excited to return to my European roots and join our team in London using my experience from the US to support UK funds and their management teams to increase their professional and personal success.”

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