AltMountain

Polus Capital Management Limited

London, United Kingdom · CRD 139138
Hedge fund manager

Polus Capital Management Limited is an SEC-registered investment adviser based in London, United Kingdom that reports managing 3 hedge funds on Form ADV. It reports $5.3 billion in regulatory assets under management. Its private funds, of all types, hold $6.6 billion in gross assets. Over a longer period they returned an estimated +16.1% from Q3 2024 to Q3 2024, compared with +5.4% for the S&P 500, based on 13F filings.

Regulatory assets under management
$5.3 billionForm ADV Item 5.F
Gross assets of private funds
$6.6 billionAll private fund types, Form ADV
Hedge funds managed
319 private funds in total
Employees
85Form ADV Item 5.A
Registration
SEC-registered adviserCRD 139138
Latest Form ADV
10/14/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2-year return+16.1%Q3 2024 – Q3 2024
S&P 500+5.4%Same quarters, price only
13F holdings$3.6 million1 positions, 2024-09-30
$100$108$116Q3 202413F est. $116S&P 500 $105
QuarterEst. 13F returnS&P 500
Q3 2024+16.1%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Diebold Nixdorf Inc$3.6 million

As of 2024-09-30, from 13F filing by Polus Capital Management Ltd.

Hedge funds filing Form D (3)

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

Private funds reported on Form ADV (11)

Fund
Gross assets
Minimum
Owners
Adviser
Bybrook Capital Master Fund LP
Cayman IslandsHedge fund
Gross assets$2.8B
Minimum$100K
Owners23
AdviserPolus Capital Management Limited
Bybrook Capital Badminton 405 Fund LP
Cayman IslandsHedge fund
Gross assets$686M
Minimum$100K
Owners2
AdviserPolus Capital Management Limited
Polus Investment Funds ICAV - Polus European Loan Fund
IrelandPrivate fund
Gross assets$591M
Minimum$1.0M
Owners14
AdviserPolus Capital Management Limited
Westonbirt Fund LP
Cayman IslandsPrivate fund
Gross assets$296M
Minimum$100K
Owners2
AdviserPolus Capital Management Limited
Cairn Global Funds PLC - Cairn Pathfinder Fund 1
IrelandPrivate fund
Gross assets$164M
Minimum$100K
Owners4
AdviserPolus Capital Management Limited
Polus Investment Funds ICAV - Cairn Pathfinder Fund II
IrelandPrivate fund
Gross assets$139M
Minimum$1.0M
Owners8
AdviserPolus Capital Management Limited
Cairn Capital Investment Opportunities ICAV - Cairn Pathfinder Fund III
IrelandPrivate fund
Gross assets$105M
Minimum$1.0M
Owners4
AdviserPolus Capital Management Limited
Polus Investment Funds ICAV - Fosse Fund
IrelandPrivate fund
Gross assets$79.4M
Minimum$109K
Owners3
AdviserPolus Capital Management Limited
Bybrook Salzburg Metric Fund LP
Cayman IslandsPrivate fund
Gross assets$75.9M
Minimum$100K
Owners3
AdviserPolus Capital Management Limited
Polus Special Situations Fund Scsp
LuxembourgPrivate fund
Gross assets$38.5M
Minimum$10.9M
Owners3
AdviserPolus Capital Management Limited
Polus Investment Funds ICAV - Cairn Capstone Special Opportunities Fund
IrelandPrivate fund
Gross assets$22.5M
Minimum$500K
Owners6
AdviserPolus Capital Management Limited

As reported in the adviser's Form ADV filed Sep 27, 2024. Funds also listed from Form D are shown above.

Fund vehicles: feeder funds and single-deal vehicles (1)

Fund
Gross assets
Minimum
Owners
Adviser
Polus Investments Funds ICAV - Cairn Pathfinder II Eur Feeder Fund
IrelandPrivate fund
Gross assets$35.5M
Minimum$1.0M
Owners13
AdviserPolus Capital Management Limited

Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures