In August 2014, LGC acquired 40% of Pemberton Asset Management, an independent alternative asset manager with a core strategy of providing debt finance to small and medium sized enterprises. With banks increasingly retreating from new corporate lending, access to financing for thousands of mid-market companies has become significantly restricted. LGC’s backing of Pemberton is helping to remove this barrier and support the growth of dozens of businesses across the UK and Europe. Pemberton is now building out its business with related fund investment strategies.

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