The new entity will now include a stable of two alternative credit investment trusts.
A proposed merger between MW Eaglewood and Pollen Street Capital completed on Friday 15 September, according to regulatory documents.
MW Eaglewood Europe LLP has become PSC Eaglewood Europe LLP and along with PSC Eaglewood Americas LLC (formerly MW Eaglewood Americas LLC and together, "PSC Eaglewood") is now a part of the wider Pollen Street Capital group, of which Pollen Street is the majority shareholder.
“Further to the announcement by the Board on 24 May 2017, which set out information relating to the proposed merger of MW Eaglewood and Pollen Street Capital Limited ("Pollen Street"), we are pleased to announce that the deal completed on Friday 15 September 2017,” the firm said.
“The merger of Pollen Street and PSC Eaglewood combines the global reach, infrastructure and specialist platform knowledge of PSC Eaglewood with the relationships, track record and industry expertise of Pollen Street.”
The firm has been the investment manager of P2P Global Investments trust since its launch back in 2014 and has more recently been transitioning the portfolio into various alternative credit niches such as invoice financing and secured asset-based lending.
The filings to the London stock Exchange state: “PSC Eaglewood Europe LLP will continue to specialise in technology enabled lending that dis-intermediates the traditional retail banking system.
AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.