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17 Apr 2026

Kirkland & Ellis Advises Pollen Street Capital on Final Close of £2.5 Billion Private Credit Fund IV

"Kirkland & Ellis advised Pollen Street Capital on the final close of Pollen Street Private Credit Fund IV, which raised £2.5 billion and exceeded its target. Fund IV continues Pollen Street’s Europe-focused private credit strategy, providing asset-based lending to mid-market companies secured on diversified asset portfolios."

Kirkland & Ellis advised Pollen Street Capital, a leading alternative asset manager, on the successful final close of Pollen Street Private Credit Fund IV. The fund reached total commitments of £2.5 billion, significantly surpassing its original target. The final close represents a key milestone for Pollen Street’s private credit platform. Fund IV continues Pollen Street’s established private credit strategy, focusing on asset-based lending to mid-market companies across Europe. The fund is positioned to provide bespoke financing solutions to high-quality businesses, with facilities secured on diversified portfolios of assets. Kirkland & Ellis represented Pollen Street Capital with a team composed by: investment funds lawyers Richard Watkins, Jamie Thomson, Yanru Tao, Stephen Giblin, Megan Ong, Amal Awad and Marc Leung; investment funds regulatory lawyers Josh Westerholm and Peter Gauss; investment funds ERISA lawyers Sabrina Glaser and Joseph Lifsics; financial services regulatory lawyers Adam Skinner and Christopher Hsu; tax lawyers Rebecca Hill, Loviisa Langdon, David Grenker and Keaton Bolton; and sustainability lawyer Daniel D’Ambrosio.
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