Morrison & Foerster has advised Pemberton Asset Management, the diversified asset manager backed by one of Europe's largest insurers, Legal & General Group PLC, and New York-based private equity firm GoldPoint Partners as second lien lenders in connection with a cross-border first and second lien refinancing. The second lien financing is made up of a fully allocated $155 million second-lien tranche split between dollar and sterling tranches.

The MoFo deal team was led out of London by Finance partner Benoit Lavigne and Finance associate Ville Rauhala, with support from San Francisco Finance partner Dario Avram, New York Business Restructuring & Insolvency partner John Pintarelli, and New York Finance associate Steven Bleiberg.