Pemberton Asset Management is raising at least $1 billion along with Abu Dhabi Investment Authority to back private equity firms with a niche form of lending. The new strategy will focus on net asset value financing and will provide buyout firms with capital that will help them increase their commitments or do bolt-on acquisitions. Pemberton Co-founder Symon Drake-Brockman discusses with Kriti Gupta, Tom Mackenzie and Lizzy Burden on Markets Today. (Source: Bloomberg)

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