REG - Pollen Street Group - Change of Adviser

Pollen StreetAnnouncement

28/02/2024 07:00

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RNS Number : 6731E  Pollen Street Group Ltd  28 February 2024

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
(http://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

Chris.Sibbald@fgsglobal.com (mailto:Chris.Sibbald@fgsglobal.com)

 

Link Company Matters Limited - Corporate Secretary

polncosec@linkgroup.co.uk (mailto:polncosec@linkgroup.co.uk)

 

ENDS

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