Pemberton Capital Advisers raises $4.7bn on 2 fund closes

(Opalesque) The asset management group in London, Pemberton Capital Advisers closed its European midmarket strategy at €3.2bn ($3.5bn), which includes European Mid-Market Debt Fund II and U.K. Mid-Market Debt Fund, and also closed its Strategic Credit Opportunities Fund at €1bn. Pemberton completed two final closes raising €4.2bn in total to invest in leading mid-market companies across Europe said a press release from the diversified asset manager backed by one of Europe’s largest insurers, Legal & General Group PLC.

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