Press Release: Polen Capital Launches Credit Fund for Qualified UK Investors
Opportunistic High Yield Fund provides investors exposure to a concentrated, yield-advantaged strategy with a 25-year track record
Credit Team Expands High Yield Strategy to Reach Qualified British Investors
BOCA RATON/LONDON – Polen Capital, a global asset manager, today announced the expansion of its credit platform to qualified British investors with the launch of the Polen Capital Opportunistic High Yield Fund, which pursues a high yield strategy.
The Polen Capital Opportunistic High Yield Fund allows UK-based investors to access a concentrated (60-90 issuers), yield-advantaged portfolio with the flexibility to capitalize on opportunities across high yield bonds and loans. In particular, the fund focuses on high yield bonds, senior secured bank loans, and special situations opportunities. The fund is classified under Article 8 of the European Sustainable Finance Disclosure Regulation (SFDR).
The fund expands access to the existing $4.4bn1 Polen Capital Opportunistic High Yield strategy, which was originally launched in March 1998. Both the strategy and the fund are managed by a highly experienced 17-person team, led by the Head of the High Yield team, Dave Breazzano, alongside portfolio managers Ben Santonelli and John Sherman.
The team applies a consistent bottom-up and private equity-like investment approach based on loan-to-value analysis, in addition to traditional credit metrics. A roster of sector specialists provides industry-specific analysis on both bonds and bank loans, enabling such professionals to forge strong industry relationships, conduct deeper dives on investment opportunities, and address complex situations. An embedded dedicated transactional attorney augments analysts’ review of credit documents to better assess downside protection.
“Making our credit capabilities more accessible to our international investors represents an exciting step in our goal to provide a suite of complementary, high value-add solutions to our clients across the globe. The launch of the Polen Capital Opportunistic High Yield Fund marks an important development in meeting the increased demand from our international client base for uncorrelated and active income solutions,” said Stan Moss, CEO of Polen Capital.