Pemberton and ADIA raise $1bn for PE NAV lending

Pemberton and ADIA raise $1bn for PE NAV lending

Private credit investor Pemberton Asset Management is partnering with the Abu Dhabi Investment Authority to raise at least $1bn to provide net asset value loans to private equity firms, according to a report by Bloomberg. In a statement, Pemberton said that the new...
LDC Exits Cardel to Lifco

LDC Exits Cardel to Lifco

LDC, a private equity investor which is part of Lloyds Banking Group, has exited its investment in Cardel, a manufacturer and supplier of components used in the production of secure ID documents, and payment cards, to listed Swedish investment group Lifco. LDC first...