FOR IMMEDIATE RELEASE
28 February 2024
Pollen Street Group Limited Change of Adviser
Pollen Street Group Limited is pleased to announce the appointment of Investec Bank plc as joint corporate broker, alongside Barclays Bank plc, with immediate effect.
About Pollen Street Group Limited
Pollen Street is an alternative asset manager dedicated to investing with the financial and business services sectors across both Private Equity and Private Credit strategies. The business was founded in 2013 and has consistently delivered top tier returns alongside growing AuM.
Pollen Street benefits from a complementary set of asset management activities focused on managing third-party AuM (the "Asset Manager") and on-balance sheet investments (the "Investment Company").
The Asset Manager raises capital from top tier investors and deploys it into its Private Equity and Private Credit strategies. The strong recurring revenues from this business enable delivery of scalable growth.
The Investment Company invests in the strategies of the Group delivering attractive risk adjusted returns. Today the portfolio is a well-diversified pool of primarily senior asset-backed credit assets generating strong returns at conservative loan to value ratios ("LTVs"). The portfolio consists of both direct investments and investments in funds managed by Pollen Street.
POLN is listed on the London Stock Exchange (ticker symbol: POLN). Further details are available at www.pollenstreetgroup.com.
For further information about this announcement please contact:
Barclays Bank plc - Joint Broker
Neal West / Stuart Muress
+44 (0)20 7623 2323
Investec Bank plc - Joint Broker
Bruce Garrow / Ben Griffiths
+44 (0)20 7597 4000
FGS Global
Chris Sibbald
Link Company Matters Limited - Corporate Secretary
ENDS