Colesco takes over Article 9 impact debt fund from Polestar: ‘A pivotal moment’

18 dec. 2025
10:45
Colesco Capital is taking the reins of Polestar’s Circular Debt Fund, at a time when debt is becoming an increasingly important source of capital for clean tech scaleups.
Netherlands-based Colesco Capital has taken over management of Polestar Capital’s Circular Debt Fund (PCDF), bringing it's total capital commitments to €1bn.
The Article 9 fund will be renamed Colesco Circular & Climate Credit Impact Fund, effective January 1, 2026. Under the deal, Polestar’s entire investment team will transfer to Colesco, to give existing investors and borrowers consistency.