Polus closes €400M European CLO, its latest credit milestone

What's the deal? Polus Capital ManagementDealroom has a profile for this one. Try Dealroom → has closed its latest European collateralised loan obligation (CLO), Polus EU CLO XXII, at €400 million. The London-headquartered manager announced the deal in September 2026.

Why now? The close follows Polus's Cairn CLO XX, which raised €450 million in September 2025. In late 2025, the firm gathered more than $1 billion for CLOs and other credit investments across Europe and the US.

What's the endgame? Polus called the fund "another milestone for Polus CapitalDealroom has a profile for this one. Try Dealroom → Management's global CLO platform, and reflecting our commitment to disciplined credit investing across market cycles." The firm runs strategies across alternative credit, including leveraged credit, special situations, and structured credit.

The signal: With $14 billion in assets under management, Polus continues to build out its CLO business as demand for structured credit holds steady across European and US markets.

Read more: alternativecreditinvestor.com

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