Pemberton, an alternative credit specialist, appointed Rob Reynolds to head its new Collateralized Loan Obligation (CLO) platform.
Reynolds is a prominent figure in the European CLO and leveraged loan markets and will focus on building Pemberton’s CLO business into an innovative platform.
Prior to joining Pemberton, Reynolds was a partner at Spire Partners and previously held senior positions at 3i Debt Management and Resource Europe Management.
“We are always looking to create new and attractive investment opportunities for our partners,” Symon Drake-Brockman, managing partner at Pemberton, said. “From conversations with long-running investors and significant research of the market, it is clear to us that launching a CLO strategy is a natural next step in the evolution of Pemberton. Rob has all of the right experience and drive to help build a leading CLO business, helping us shape the next generation of alternative credit products.”
“Pemberton is one of the fastest-growing managers in the market and never seems to stand still,” Reynolds said. “Its institutional roots, deep credit expertise and international scale means it is incredibly well-placed to build a market-leading CLO offer. I have been impressed by the team’s clear strategic vision for the organization and look forward to get going.”
