– Polus Capital Management (“Polus”), a leading investment firm specializing in alternative credit strategies, announces securing a capital commitment for its Special Situations strategy from a subsidiary of Abu Dhabi Investment Authority (ADIA).
– Following this commitment, Polus’ Special Situations strategy now manages approximately $5 billion in assets.
– The Special Situations strategy primarily focuses on secondary investments in bonds and loans in opportunistic, stressed, or distressed situations.
– These investments arise from idiosyncratic or cyclically driven dislocations in corporate enterprise values or hard asset values.
– Polus’ Special Situations team has over 10 years of experience with a proven track record.
– ADIA’s investment is seen as an endorsement of the quality and attractiveness of Polus’ strategy.
– Polus’ investor base includes institutional investors such as pension funds, insurance companies, endowments, foundations, sovereign wealth funds, and family offices.
– Nicholas Chalmers, CEO of Polus, highlights that ADIA’s commitment reflects Polus’ growing strength and focus on delivering compelling risk-adjusted returns.
– Robert Dafforn, CIO of Opportunistic Credit at Polus, expresses excitement about the future opportunities for the Special Situations strategy.
– Hamad Shahwan AlDhaheri, CFA, Executive Director at ADIA, praises Polus as a leading alternative credit manager in Europe with a large, experienced team and a strong track record.