Polus Capital Management

Overview

Polus Capital Management is an investment management firm specializing in alternative credit strategies, focusing on three complementary investment verticals: Leveraged Credit, Special Situations, and Structured Credit. The firm invests across the capital structure and liquidity spectrum, employing a flexible approach grounded in intensive fundamental credit analysis with a strong emphasis on capital preservation. This unconstrained investment philosophy, combined with robust risk management, has enabled Polus to navigate multiple market cycles as long-term stewards of capital. The firm's capital base is underpinned by institutional investors, including public pensions, corporate pensions, endowments, foundations, sovereign wealth funds, insurance companies, and family offices. Polus has an experienced team of investment and non-investment professionals based in London and New York. The firm's Special Situations strategy focuses primarily on secondary investments in bonds and loans as part of opportunistic, stressed, or distressed situations arising from idiosyncratic or cyclically driven dislocations to corporate enterprise values or hard asset values. Polus' Special Situations team has been working together for over ten years, during which time it has developed a differentiated and proven track record. In September 2024, Polus secured a capital commitment for its Special Situations strategy from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), bringing the strategy's assets under management to approximately $5 billion. In June 2025, Polus held an initial close of €425 million for its third CLO equity fund, Polus Loan Investments III (PLI III), marking one of Europe's largest CLO equity capital raises to date. The firm's CLO Equity Strategy has delivered consistent quarterly distributions for over a decade, with an average net distribution yield to investors in the high teens. Since launching its CLO management platform in 2006, Polus' Leveraged Credit team has raised approximately $12.7 billion globally, including 21 new issues, 5 resets, and 6 refinancings. The team has invested approximately $21 billion across more than 2,100 broadly syndicated leveraged loans since inception and is currently invested in more than 500 issuers across Europe and the US. Polus' investment philosophy combines intensive fundamental analysis with rigorous scenario analysis and seasoned structuring expertise to unlock and drive value creation for investors. The firm's team is characterized by intellectual curiosity, tenacity, and high integrity, valuing individuals who are guided by sound principles and who seek to conduct themselves and manage the business according to the highest standards. Polus is committed to responsible stewardship of its investors' capital, striving to generate long-term, sustainable value and upholding the highest standards by becoming a signatory of several industry initiatives, including the PRI, SBAI, and UNGC.

Investment Focus

• Institutional investors
• Accredited investors
• High net worth individuals

Portfolio Companies