UK-based Pemberton Asset Management has widened its scope to stay ahead in the increasingly competitive world of private credit. “You’ve got to have a range of products that people think are relevant and attractive,” said Symon Drake-Brockman, the firm’s co-founder and managing partner, referring to net asset value financing, collateralized loan obligations and risk sharing, among other businesses. “We can build large verticals in each one of those strategies,” he tells Bloomberg News’ James Crombie and Silas Brown, and Bloomberg Intelligence’s Jeroen Julius, in the latest Credit Edge podcast. Drake-Brockman and Julius also discuss relative value between US and European private credit, areas of stress and whether US deregulation will boost competition from traditional lenders. “If you’re a chief executive of bank, you’ve got to make sure the pendulum doesn’t swing back the other way in four years’ time,” said Drake-Brockman.

<p>UK-based Pemberton Asset Management has widened its scope to stay ahead in the increasingly competitive world of private credit. &ldquo;You&rsquo;ve got to have a range of products that people think are relevant and attractive,&rdquo; said Symon Drake-Brockman, the firm&rsquo;s co-founder and managing partner, referring to net asset value financing, collateralized loan obligations and risk sharing, among other businesses. &ldquo;We can build large verticals in each one of those strategies,&rdquo; he tells Bloomberg News&rsquo; James Crombie and Silas Brown, and Bloomberg Intelligence&rsquo;s Jeroen Julius, in the latest Credit Edge podcast. Drake-Brockman and Julius also discuss relative value between US and European private credit, areas of stress and whether US deregulation will boost competition from traditional lenders. &ldquo;If you&rsquo;re a chief executive of bank, you&rsquo;ve got to make sure the pendulum doesn&rsquo;t swing back the other way in four years&rsquo; time,&rdquo; said Drake-Brockman.</p>

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

<p>The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.</p>

The Credit Edge by Bloomberg Intelligence

Pemberton Builds NAV Loans, CLOs for Private Debt Edge 

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