Pollen Street Group Limited (GB:POLN) has released an update.
Pollen Street Group Limited has reported a successful Q1 2024, with total assets under management (AuM) increasing to £4.4 billion, driven by robust fundraising efforts in both their Private Credit and Private Equity strategies. The company has secured approximately £300 million in investor commitments for Credit Fund IV and has upsized an SMA to £280 million, while remaining confident in achieving a €1 billion target for Private Equity Fund V. Moreover, the Investment Company has delivered a strong performance, with a notable 9.5% return on net investment assets in the first quarter.
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