Silicon Valley Bank today announced that it has appointed Wibke Pendse as Managing Director of Private Equity Finance and Banking for the UK. Wibke joins the UK branch from Silicon Valley Bank's headquarters in California where she was responsible for managing an extensive portfolio of private equity client relationships.
In Wibke's new role, she will lead the growth of the Private Equity Finance and Banking business in the UK, offering private equity and venture capital firms a range of banking and finance services, including capital strategies and solutions, global banking and rich industry connections and insights. In addition to expertise in the innovation sector, SVB's Private Equity Finance and Banking team works with firms investing in all sectors, and geographies, such as Scottish Equity Partners (SEP), Accel KKR and SilverLake Partners. SVB banks more than 1,200 private equity and venture capital firms in the US, Europe and Asia.
Wibke brings more than 10 years' experience banking private equity and venture capital firms. Prior to joining SVB in the US in 2010, Wibke was Vice President of Venture Capital Services at Square 1 Bank. She was also Assistant Vice President of Equity Fund Services at Comerica Bank in the US, responsible for managing a loan portfolio and developing private equity client relationships.
Phil Cox, Head of EMEA and India and President of UK Branch, Silicon Valley Bank said: "We are delighted to welcome Wibke to the team. She brings specialist expertise to the role that will help to forge deeper and long lasting relationships with the private equity sector in the UK. There is a significant opportunity to grow this part of our business and Wibke brings a proven track record working with funds across all sectors and stages."
Wibke Pendse, UK Managing Director of Private Equity Finance and Banking, said: "As a dedicated team with over 25 years of experience we offer an unparalleled expertise in world class client service. Our approach enables us to truly get to know our clients and their objectives in order to create bespoke solutions. After more than 10 years in Silicon Valley I am excited to return to my European roots and join our team in London using my experience from the US to support UK funds and their management teams to increase their professional and personal success."
About Silicon Valley Bank
Silicon Valley Bank is the premier bank for technology, life science, venture capital, private equity and premium wine businesses. SVB Financial Group provides industry knowledge and connections, financing, treasury management, corporate investment and international banking services to its clients worldwide through 28 U.S. offices and six international operations. (Nasdaq: SIVB) www.svb.com/uk
Silicon Valley Bank is registered in England and Wales at 41 Lothbury, London EC2R 7HF, UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Silicon Valley Bank is a subsidiary of SVB Financial Group, a Delaware corporation and is an affiliate of SVB Financial Group UK Limited. SVB Financial Group UK Ltd is registered in England and Wales at 41 Lothbury, London EC2R 7HF, UK under No. 5572575 and is authorised and regulated by the Financial Conduct Authority, with reference number 446159. SVB Financial Group and its subsidiary Silicon Valley Bank are members of the Federal Reserve System and Silicon Valley Bank is a member of the FDIC.
Silicon Valley Bank – UK Branch
T: +44 (0)20 7367 7839