Pollen Street Group Limited (GB:POLN) has released an update.
Pollen Street Group Limited has reported strong growth in assets under management (AUM), increasing to £4.8 billion, and a robust balance sheet with a 9.7% return in the first half of 2024. The company’s strategic fundraising efforts are on track, with expectations to meet a €1 billion target for Private Equity Fund V by year-end. Additionally, Pollen Street’s effective management strategies have led to a 24% rise in operating profit, enhancing shareholder value through strategic share buybacks and declaring an interim dividend of 26.5 pence per share.
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