Pemberton Seeks £500M For UK Fund To Fill Lending Gap

By Benjamin Horney (September 30, 2016, 3:49 PM EDT) -- Legal & General-backed private investor Pemberton Asset Management hopes to raise £500 million ($648 million) for a fund that will seek to capitalize on fallout from the U.K.'s withdrawal from the European Union by focusing on direct lending for midsize businesses in the country....

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