Polus Capital Management has closed the $400m (£297.5m) reset of its US collateralised loan obligation (CLO), Polus US CLO I.

The firm announced the deal on LinkedIn, marking its first US CLO reset.

It follows the closing of Polus EU CLO XXII, the firm’s latest European CLO, at €400m (£344m) at the end of September. The firm also closed Cairn CLO XX at €450m in September 2025.

Polus said in late 2025 that it had raised more than $1bn (£755.3m) for CLOs and other credit investments across Europe and the US since 2014.

London-headquartered Polus has $14bn in assets under management and runs alternative credit strategies spanning leveraged credit, special situations and structured credit.

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