Polus Capital Management

Yesterday morning, our CIO of Opportunistic Credit Robert Dafforn joined Anna Edwards, Kriti Gupta and Guy Johnson on Bloomberg TV's Markets Today programme to discuss the dynamics showing up in credit markets: a pick up in default rates, expectations around central bank rate cuts, and the implications of a turbulent political environment. "Here we are in a period of very tight credit spreads. Volatility is low and markets are saying there is probably nothing to worry about. As a result, we're seeing new money being extended to slightly problematic situations. If you take that back to first principles, there aren't that many companies in trouble that need more debt, they usually need less. It really does help if you go through a debt reduction exercise in those periods". In case you missed it: Watch Rob's Bloomberg TV appearance here: https://lnkd.in/eYWbMma3 #PrivateCredit #OpportunisiticCredit #BloombergTV Nothing contained herein should be construed as an endorsement of Polus.

Our Head of European Leveraged Credit Loic Prevot shared his thoughts with Bloomberg's Laura Benitez on the growing demand for CLO equity strategies. In this article, Loic highlights the changing perception of CLO strategies and the asset class’s performance in recent years, including during periods of heightened volatility. You can read the full article here: https://lnkd.in/e2GBtyHU #CLO #PrivateCredit #PrivateMarkets Nothing contained herein should be construed as an endorsement of Polus.

Last week, our Chief Investment Officer, Opportunistic Credit Robert Dafforn spoke to Bloomberg's Noel Hebert and Sam Geier about the state of play in the credit market for the FICC Focus podcast. Rob discussed Polus' current investment themes and the opportunities for growth in the opportunistic credit and special situations markets amid the current higher rates environment. "We do asset-heavy businesses. Right now, the main places we're looking at sectorally fall in three broad buckets: real estate, levered cyclical exposure, and legacy distress. I would say that the pipeline has risen meaningfully and now, for the first time in quite a few years, it is a thriving opportunity set." Dafforn said. You can listen to Rob's full interview here: https://lnkd.in/e2fAvWGb #PrivateCredit #CLO #OpportunisticCredit Nothing contained herein should be construed as an endorsement of Polus.

Robert Dafforn, Chief Investment Officer of Opportunistic Credit at Polus Capital Management, recently discussed with Private Debt Investor the growing opportunity within commercial real estate, sharpened by the looming maturity wall. In this environment, Polus continues to focus on high-quality assets that will generate predictable cashflows. You can read the full Private Debt Investor Opportunistic Credit and Distressed Debt special report here: https://lnkd.in/gwX_8j8F   #PrivateCredit #OpportunisticCredit #CommercialRealEstate

Our CEO, Nicholas Chalmers, and CIO, Robert Dafforn, recently sat down with Pensions & Investments to reflect on the success of Polus and its global expansion following the merger of Cairn and Bybrook.    "It's all played itself out exactly as we would have hoped," said Nicholas Chalmers, CEO at Polus, in an exclusive interview.    Read the full piece here: https://lnkd.in/eBf6Gnhi   #PolusCapitalManagement #PrivateCredit #CLO   Nothing contained herein should be construed as an endorsement of Polus.

Our Head of US Leveraged Credit, David Kim, spoke to Bloomberg about current trends in the CLO market, including the increasing role of banks in underwriting CLO equity.   Read the full Bloomberg report here: https://lnkd.in/ezmGaFjt   #PrivateCredit #CLO #PolusCapital   Nothing contained herein should be construed as an endorsement of Polus.

Today, we returned to Stockholm to co-host with SEB our Institutional Investor Roundtable bringing together over 80 stakeholders. Oscar Jonsson, PhD from the Swedish Defence University delivered the keynote speech focusing on the current geopolitics and existing challenges in different parts of the world. Panel discussions included optimising allocations in a world of higher interest rates and the macroeconomic outlook for 2024. We would like to give a special thanks to SEB for their hospitality and all the speakers for their valuable contributions to the discussions. Mathieu Clavel of PIMCO, Guillaume Detrait of Welton Investment Partners, Stuart Fiertz of Cheyne Capital, Roger Hilty of LGT Capital Partners, Namik Immelback of SEB, Magdalena Högberg, CFA of Fjärde AP-fonden (AP4), Mika Jaatinen of Elo Mutual Pension Insurance Company, Roger Josefsson of Nordkinn Asset Management, Mohit Kumar of Jeffries International Ltd, Jamie McFarlane of Polus Capital Management, Asif Noor of Aspect Capital, Chris Pulman of Balyasny Asset Management L.P., Daniel Stone of Ionic Capital Management, Antti Vartiainen of Elo Mutual Pension Insurance Company, Magnus Ward of SEB and Despina Xanthopoulou of Lynx Asset Management.

We are proud to announce that Polus has won the “Credit—Long Term Performance (5 years)” category for the With Intelligence European Performance Awards. Award nominees and winners are determined by the following criteria: https://lnkd.in/eptYEXpV #WithIntelligence #HedgeFund #EuroHedge #Awards Nothing contained herein should be construed as an endorsement of Polus. This information is being provided for information purposes only.

Our Head of ESG, Tina De Baere, recently spoke with Private Debt Investor about regulatory change and the evolution of ESG for the publication’s Future of Private Debt Report.   In the report, Tina sheds light on the importance of climate change and diversity, equity and inclusion initiatives to meet growing demand from LPs and new investor bases. She also highlights a shift in focus towards transparent investor reporting on, for example, ESG scores, GHG emissions and climate change risk assessments of portfolios.   Read the full feature here: https://lnkd.in/eEtgu55u Read the full report here: https://lnkd.in/ePkTFQ-3    #PrivateDebt #PrivateCredit #Sustainability #ESG

Polus Capital Management's Chief Investment Officer of Opportunistic Credit Robert Dafforn shared the firm’s perspective on the current credit market landscape with CNBC’s StreetSigns during the J.P. Morgan European High Yield & Leveraged Finance Conference in London this week.    Rob touches on a number of topical themes, namely the contrast in the risk reward profile spreads between public and private markets, corporate default trends, recovery rates, and current market conditions for credit investors.    Watch the full interview here: https://lnkd.in/dymPe5-7 Nothing contained herein should be construed as an endorsement of Polus. #privatecredit #privatedebt #JPMorgan