Pollen Street Group Limited is a British private investment business focussed on alternative investments in the financial and business services sectors. It is listed on the
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
and is a constituent of the
FTSE 250 Index
The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock ...
.
History
Pollen Street Capital Holdings was founded by Lindsey McMurray and her team as an alternative investment manager spun out from
Royal Bank of Scotland
The Royal Bank of Scotland Public Limited Company () is a major retail banking, retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest and Ulster Bank. The Royal Bank of Sco ...
in 2013. It was the manager of
Pollen Street Secured Lending under it was acquired by
Waterfall Asset Management in March 2021. In February 2022, the company announced the launch of its fifth mid-market private equity fund with a cash requirement of £1 billion.
In September 2022, Pollen Street Capital Holdings was acquired by a listed vehicle, Honeycomb Investment Trust. Pollen Street Capital Holdings had been the manager of Honeycomb Investment Trust and the transaction enabled Pollen Street Capital Holdings to secure a listing on the London Stock Exchange. It also enabled Pollen Street Capital Holdings to use its extensive pipeline of loans to expand the investment trust. Honeycomb Investment Trust changed its name to Pollen Street in October 2022.
In January 2024, Pollen Street changed its listing category from that of an investment trust to that of a commercial business and renamed itself Pollen Street Group. Then, in March 2024, Pollen Street Group acquired the financial advisory firm, Mattioli Woods, for £432 million.
Operations
The company had £4.2 billion of assets under management as at 31 December 2023.
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References
External links
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{{FTSE 250 Index constituents
Companies listed on the London Stock Exchange
Companies established in 2013
Companies in the FTSE 250 Index