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NEWS

Paul Hastings Advised Pemberton on €2.3 Billion Strategic Credit Fund III

April 01, 2024

Paul Hastings (Europe) LLP advised Pemberton Asset Management, one of Europe’s leading private credit managers, in relation to its €2.3 billion Strategic Credit Fund III, one of Europe’s largest opportunistic direct lending funds. The final close of Strategic Credit Fund III brings Pemberton’s total Assets under Management across the three vintages for this strategy to €4.9bn.

Partner Christian Parker led the Paul Hastings team, which also included partner Jiten Tank and associates Rob Williamson, Rob Wilson, William Knox, Freya Evans, Kirsty Lee, and James Wilkins. Elvinger Hoss Prussen advised on the Luxembourg law aspects of the fund.

More details on the transaction can be found here.

About Paul Hastings

With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment and real estate, Paul Hastings is a premier law firm providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations.

Practice Areas

Structured Credit

Direct Lending and Private Credit Lending

Private Investment Funds


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