POLLEN STREET GROUP LIMITED (POLN) — H1 2025 Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the POLLEN STREET GROUP LIMITED Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and could be submitted at any time via the Q and A tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to Lindsay McMurray, CEO. Good afternoon. Good afternoon, everyone, and thank you for joining POLN STREET's interim results presentation for 2025. Nice to see so many people joining us today. I'm Lindsay McMurray, CEO of POLLEN STREET, and I'm joined today by our CFO, Crispin Goldsmith. I will start with the key highlights of the first half of the year together with a summary of our progress. I will then hand over to Crispin to cover the financial performance in detail before I return to outline our strategic priorities and provide time for Q and A. So looking at the first half, I'm proud of the progress the team has delivered. We set out clear priorities for 2025, and we are making strong progress against these. We completed fundraising for private equity fund five, well ahead of target, and we're on track to outperform our target for private credit fund four as it continues to expand our AUM and we're scaling and deployment in both strategies. Earnings are growing strongly underpinned by higher management fees. And overall, the group is firmly on track to deliver its strategic objectives for 2025 and beyond. So as we've communicated, Pr...