tiprankstipranks
Company Announcements

Pollen Street Group Reports Robust Q3 2024 with Strong AUM Growth

Story Highlights

Pick the best stocks and maximize your portfolio:

An update from Pollen Street Group Limited ( (GB:POLN) ) is now available.

Pollen Street Group Limited reported a solid Q3 2024 performance with its assets under management (AUM) reaching £5.0 billion, up from £4.2 billion the previous year. The company is making strategic progress, particularly in Private Equity and Private Credit fundraising, and expects to meet significant targets by the end of 2024 and into 2025. The Investment Company arm achieved an 8.3% risk-adjusted net investment return year-to-date and maintains a strong balance sheet while transitioning to investments via Pollen Street funds. This progress, combined with promising growth prospects in private markets, positions Pollen Street well for delivering sustained value to its clients and shareholders.

More about Pollen Street Group Limited

Pollen Street Group Limited is an alternative asset manager founded in 2013, focusing on investments within the financial and business services sectors through Private Equity and Private Credit strategies. The company manages third-party assets and invests on its balance sheet, generating strong recurring revenues and aligning investor interests to drive scalable growth.

YTD Price Performance: 24.30%

Average Trading Volume: 120,645

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £451.1M

Learn more about POLN stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskPollen Street Group Addresses Shareholder Engagement Following AGM
TipRanks UK Auto-Generated NewsdeskPollen Street Group Executes Share Buyback Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App