Polen Capital has expanded its credit platform to the UK with the launch of an Article 8 high yield fund for qualified investors.
With 60 to 90 issuers, the Polen Capital Opportunistic High Yield fund is a concentrated and yield-advantaged portfolio, using loan-to-value analysis and focusing on high yield bonds, senior secured bank loans and special situations opportunities. Launched in 1998, the $4.4bn US version of the fund has seen a 5.44% total gross return in the last 10 years, according to its factsheet. The fund is managed by David Breazzano, head of the firm's high yield team, alongside portfolio managers Ben Santonelli and John Sherman. Breazzano said that the team aimed to "seek to evaluate opportun...
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