Pemberton Capital Advisors has rolled out its first fund, Financial News reports. The private equity firm is seeking to raise €500 million for the fund to invest in financial services and telecommunication companies around Europe. The London-based boutique has already placed some money in a German financial company and a Swedish telecom firm that both service small and medium-sized businesses. Pemberton Capital Advisors has been set up by Symon Drake-Brockman, former CEO of global banking and markets business in the Americas at Royal Bank of Scotland Group.
Click here for the story from Financial News.