Legal & General Backed Pemberton Closes 1.2B Euros Inaugural fund, Affirming L&G Capital's SME Finance Strategy

07 November 2016

Legal & General Capital (LGC), the principal investment arm of Legal & General Group, announces that Pemberton which is 40% owned by LGC has completed the final close of its inaugural European Mid-Market Debt Fund (the Fund) with €1.2 billion of commitments.

Paul Stanworth, Managing Director of Legal & General Capital, said: "Reaching well over €1 billion of commitments from institutions across the globe is a fantastic achievement by the Pemberton team. With such significant amounts of capital raised and more to come through the dedicated UK fund, Pemberton is building with Legal & General Capital’s support a substantial platform from which to boost lending to businesses, domestically and across Europe, supporting economic and social growth."

Please click here for full press release (PDF: 139KB)  


Contact Details

Strategic Business enquiries:
LGC@group.landg.com

For Press enquiries:
020 3124 2720
tom.gough2@lgim.com

Call charges will vary. If you’re contacting us by email please remember not to send any personal, financial or banking information because email is not a secure method of communication.