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.

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