Hong Kong / Boca Raton – June 27, 2023 – Income Partners, an award-winning credit specialist in Asia, and Polen Capital (“Polen”), a global asset manager, today announced a strategic partnership, established through an investment by Polen in Income Partners.
The transaction will provide Income Partners with growth capital to support and accelerate its ongoing strategic initiatives and extend its global distribution reach. Upon the close of the transaction, there will be no change in Income Partners’ investment process, day-to-day management, or operations. Additional terms of the investment were not disclosed.
“We are thrilled about our collaboration with Polen, a best-in-class US credit investor, and are excited about the global prospects the partnership will bring. This international partnership will allow us to share ideas that will bolster our ability to service clients and their evolving global credit needs,” said Emil Nguy, Chairman, CIO & CEO of Income Partners.
Over the past 30 years, Income Partners has been an award-winning leader in traditional and alternative Asian credit strategies. The Firm has long-standing investment expertise across RMB rates and currency, Asia Investment Grade, Asia High Yield, and special situation alternative private credit strategies. Polen’s strategic investment in Income Partners furthers Polen’s concerted effort to expand its global footprint and deliver a unique value proposition to clients globally.
“Polen’s partnership with Income Partners is a testament to the firm’s strong position as a market leader and underscores Polen’s commitment to expanding its presence across Asian markets and credit globally. Income Partners’ regional credit expertise will expand our research and sourcing capabilities in this important, rapidly growing market,” said Karl Dasher, President of Polen Capital, who is responsible for the global expansion of the firm’s credit and alternatives capabilities.
Lincoln International served as the exclusive financial advisor, and Norton Rose Fulbright (Asia) LLP served as legal counsel to Polen Capital.
About Income Partners
Income Partners is a privately held investment management firm specializing in traditional and alternative Asian Credit. It is one of Asia’s oldest independent investment management firms under continuous management. Since its inception in 1993, Income Partners has successfully navigated various market cycles. The firm established Asia’s first Collateralized Debt Obligation (“CDO”), with a variety of other credit-focused investment strategies. Income Partners believes its long-standing history has uniquely equipped the firm with the skills and perspectives to provide high-value outcomes to clients seeking exposure to Asian markets.
About Polen Capital Management
Polen Capital Management is a global investment management firm advising approximately $61 billion in assets (as of March 31, 2023) and providing growth and income investment strategies to a wide range of institutional and individual clients around the world. Since 1989, Polen Capital has been committed to attracting, developing, and retaining exceptional professionals who are aligned with the firm’s mission of preserving and growing clients' assets to protect their present and enable their future. Polen Capital has four autonomous investment teams, including the Large Company Growth Team, Small Company Growth Team, High Yield Team, and Emerging Markets Growth Team, with offices in Boca Raton, Fla., Boston, London, and Hong Kong. The firm has been recognized by Pensions & Investments as one of the industry's "Best Places to Work" for each of the past seven consecutive years.
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For Income Partners' Company information, visit: www.incomepartners.comFor Polen Capital’s Company information, visit: www.polencapital.com
For Media enquiries, please contact: Lodovico Sanseverino (EMEA/APAC), JPES Partners, +44(0)7970.747.928, lodovico.sanseverino@jpespartners.com