- Pollen Street Group Limited
- 26 March 2026 09:42:33
Source: Sharecast
Total assets under management rose 30% to £7.1bn in the year ended 31 December, up from £5.4bn, while fee-paying AUM increased 32% to £5.2bn.
The FTSE 250 group said flagship fundraises in both private equity and private credit significantly outperformed targets, supporting its medium-term ambition to reach £10bn in AUM.
Profit after tax increased 14% to £56.6m, while EBITDA rose 10% to £64.6m.
Fund management income climbed 21% to £81.1m, with management fees up 26% to £69.9m.
Earnings per share rose 19% to 93.7p, benefiting from share buybacks, while total dividends for the year increased 8% to 58p per share.
“2025 was a strong year for Pollen Street, marked by a step-change in fundraising and growth across both our private equity and private credit platforms,” said chief executive Lindsey McMurray.
“Our total AUM increased by 30% to £7.1bn, driven by the successful close of Private Equity Fund V and clear momentum in Private Credit Fund IV.”
She added that fundraising strength enabled the group “to generate strong management fee income and deliver group operating profit of £64.4m, ahead of expectations,” while noting that its investment strategies had “continued to demonstrate resilience and outperformance amidst difficult market conditions”.
During the year, Pollen Street invested £1.6bn across both strategies and completed three disposals, including the IPO of Shawbrook on the London Stock Exchange.
Private Equity Fund V closed at €1.5bn in July, while Private Credit Fund IV reached £1.8bn with further commitments expected ahead of its final close.
The group also reported £0.8bn of dry powder in private credit at year-end.
Looking ahead, McMurray said: “We enter 2026 with exciting momentum and a robust pipeline for both deployment and fundraising,” adding that the group remained focussed on deploying capital, launching new strategies and delivering sustainable value for investors.
Separately, the company confirmed a second interim dividend of 31p per share, payable on 1 May to shareholders on the register as at 7 April, with an ex-dividend date of 2 April.
The payment would bring total dividends for the year to 58p per share, ahead of guidance, as the company said it would not offer a scrip alternative but would continue to provide a dividend reinvestment plan.
At 0917 GMT, shares in Pollen Street Group were up 6.22% at 786p.
Reporting by Josh White for Sharecast.com.
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