Pollen Street Capital is developing a secondaries strategy focused on GP-led transactions in the European mid-market, leveraging its financial services expertise. The London-headquartered asset manager has tapped the secondaries market for continuation funds previously and sees renewed opportunity in this space. The firm recently strengthened its team by hiring Mark McDonald, former co-head of sponsor solutions at Brookfield, earlier this year.

This strategic move builds on Pollen Street's historical focus on the European mid-market, where it has maintained market awareness for years. The financial services specialist views the current market environment as favorable for expanding its secondaries capabilities, particularly in GP-led transactions. By combining its sector expertise with secondaries market knowledge, Pollen Street aims to differentiate itself in the competitive mid-market space.

The firm's approach reflects broader industry trends toward GP-led deals and continuation vehicles, especially in the financial services sector where Pollen Street has established expertise. With McDonald's experience in sponsor solutions, the asset manager is positioning itself to capitalize on opportunities in this evolving segment of the secondaries market.