Kirkland Advises Pollen Street Capital on Closing of Third Fund

Kirkland advised Pollen Street Capital (“PSC”), a fund manager focusing on investments in the financial and business services sectors, which closed its third fund, PSC III, on 14 February, 2018. The fund exceeded the initial fundraising target of £350 million, closing with final commitments of £400 million from a number of high quality global institutional investors. The fund will primarily target lower mid-market investments in European financial services businesses with opportunities for growth and has so far made seven investments. More information is available here.

The Kirkland team was led by London-based investment funds partner Richard Watkins with associates Karen Tam, Sophie Smith, Aisling Campbell and Tata Mbako. The team also included tax partners Dan Meehan and Ian Ferreira, and financial services regulatory partners Lisa Cawley and Adam Skinner.