Pollen Street Capital announces €15m upsize to facility financing a portfolio of Italian Public Sector Receivables

Pollen Street is pleased to announce an additional €15m investment financing a portfolio of Italian Public Sector Receivables, an upsize of the Officine CST transaction successfully closed in August 2025. The additional capital finances the acquisition of a Public Sector Entities receivables portfolio managed and owned by a regional Italian bank.

Pollen Street is partnering with a specialised Italian banking group focused on corporate lending and NPL investments and servicing.

This upsize is through a partnership with Collextion Services (“CLX”) who will act as the new special servicer after the successful migration and observed performance of Officine acquired last summer. This additional portfolio acquisition and Pollen Street’s partnership with CLX paves the way to invest in further additional portfolios of this kind, capitalising on the compelling market opportunity.

This transaction highlights Pollen Street’s ability to compete for unique portfolio opportunities in markets requiring a specialist approach like the Italian Public Sector Entities receivables sector. The original facility, and this upsize, aligns with our strategy; featuring strong structural protections, backed by granular diverse collateral and provides compelling risk-adjusted returns.