Mediobanca, ADIA invests in Polus Capital Management's “Special Situations” technique | EUROtoday

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Polus Capital Management (Mediobanca Group), a number one funding administration agency specializing in different credit score methods, has obtained a capital dedication for its ‘Special Situations’ funding technique from a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA).

With this dedication, Polus’ Special Situations technique will attain roughly $5 billion in belongings underneath administration. Polus’ Special Situations funding technique focuses totally on secondary market fastened earnings and credit score investments in opportunistic, burdened or distressed funding alternatives arising from idiosyncratic or cyclical dislocations in enterprise worth or tangible asset valuations.

Nicholas Chalmers, Chief Executive Officer of Polus, mentioned: “ADIA’s capital commitment reflects the growing strength and success of Polus’ diversified alternative credit platform. We look forward to actively participating in the continued development of our business, continuing to prioritise risk-adjusted value generation and capitalising on the opportunities presented by credit markets as the cycle progresses.”

“We are delighted to welcome ADIA’s subsidiary as an investor and are increasingly excited about the opportunities presented by our Special Situations strategy. We believe the coming years will prove particularly favorable for our differentiated investment approach and for our investors,” mentioned Robert Dafforn, Chief Investment Officer of Opportunistic Credit at Polus.

Hamad Shahwan Al-Dhaheri, Executive Director of ADIA’s Private Equities Department, mentioned: “Polus is one of Europe’s leading alternative credit managers, with a deep and experienced team, a differentiated strategy and a strong track record. We are excited to capture the opportunities of a growing market through our capital commitment to Polus, which has deep experience in providing innovative and tailored solutions across a wide range of situations.”