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Kingswood Holdings
Kingswood Holdings, an international wealth and investment management group, has brought out a new £8 million ($10 million) unsecured debt facility with funds managed by Pollen Street Capital, to support the company’s capital requirements and growth agenda.

Kingswood is entering into the facility agreement with HSQ Investment, a wholly owned indirect subsidiary of funds managed and/or advised by Pollen Street, the firm said in a statement. Lindsey McMurray and Duncan Gerard are non-executive directors of the company and employees of Pollen Street. The terms of the facility agreement include an expiry date of 17 October 2030, and an interest rate of 12 per cent rolled up and paid at maturity.

“Since their first investment in Kingswood in 2019, Pollen Street have been a great partner to the company and this additional investment demonstrates a further positive commitment towards our ambition to build a leading business in the sector,” David Lawrence, Kingswood Group CEO, said.