POLLEN STREET GROUP LIMITED - Final Results

Pollen Street Group Limited delivered a strong 2025 investor update, highlighting robust company performance, accelerating AUM growth, and a scalable earnings model. Total assets under management increased 30% year-on-year to £7.1bn, with fee-paying AUM rising to £5.2bn, supporting predictable, recurring management fee income and revenue growth to £114m. Group EBITDA reached £64.6m, reflecting improved margins and operational leverage, while the asset manager now contributes 71% of total revenue. Strong fundraising momentum across private equity and private credit strategies—exceeding targets with funds such as Private Equity V and Credit IV—has strengthened the order book and provided £800m+ of deployable capital, enhancing visibility on future revenue and earnings. The firm’s disciplined mid-market investment strategy, focused on financial and business services, continues to deliver consistent returns, with net investment income of £32.9m and resilient margins supported by asset-backed lending and diversified portfolios. Management emphasized a clear growth strategy centred on scaling AUM towards a £10bn target, expanding fee-based revenues, and driving long-term shareholder returns through dividends and capital allocation. With strong structural tailwinds, a high-quality recurring revenue model, and increasing operational gearing, Pollen Street remains well positioned for sustained growth, margin expansion, and value creation in 2026 and beyond.