**Summary**
Pollen Street Group Limiteds full-year 2025 trading update highlights significant growth and strategic achievements. The company reported a 30% increase in Total Assets Under Management (AUM) to £7.1 billion, with Fee-Paying AUM rising 32% to £5.2 billion. This growth was driven by successful fundraising in both Private Equity and Private Credit strategies, with flagship funds significantly outperforming targets.
Financial performance was robust, with a 14% increase in Profit After Tax to £56.6 million and a 19% rise in Earnings Per Share (EPS) to 93.7p. The Asset Management segments share of net revenues grew to 71%, and the company deployed £1.6 billion across its strategies.
Key highlights include the final close of Private Equity Fund V at €1.5 billion and Private Credit Fund IV reaching £1.8 billion, with further commitments expected. The company also declared a total dividend of 58.0 pence per share, 8% higher than the previous year, and reaffirmed its medium-term target of reaching £10 billion in Total AUM.
CEO Lindsey McMurray attributed the success to strong fundraising, disciplined underwriting, and active portfolio management. The company remains focused on deploying capital, preparing for new investment strategies, and delivering sustainable value to investors and shareholders.
Despite market challenges, Pollen Street Group demonstrated resilience, with its shares outperforming the FTSE 250 index in 2025. The companys strategic priorities for 2026 include continued deployment of capital, preparing for the next generation of investment strategies, and maintaining its progressive dividend policy.
The Boards decision to adjust the allocation of Carried Interest in Private Credit Fund IV reflects the companys commitment to recognizing individual contributions and supporting long-term growth. Pollen Street Group enters 2026 with momentum, a robust pipeline, and confidence in its ability to capitalize on opportunities for sustainable growth.