Chicago Atlantic is launching a new strategy targeting private credit opportunities in emerging markets, aiming to capitalise on growing demand as some investors reduce exposure to similar US-based funds, according to a report by Bloomberg.
The initiative will focus on lending to high-quality borrowers, including government-linked entities and companies deemed strategically important. Offerings are expected to centre on senior secured loans, structured credit, and asset-backed financing solutions.
“There’s a structural opportunity in these fast-growing markets,” said Peter Marber, one of the leaders of the strategy. He and Jim Garvey bring extensive emerging-market experience to the venture.
Private credit in developing nations has recently drawn attention as investors pull back from US-focused funds, citing concerns over loan quality and overexposure to sectors such as software. Proponents argue that emerging-market private credit offers a more disciplined and lower-risk alternative.
Scott Gordon, a former JPMorgan and Marathon Asset Management professional, will oversee the business and collaborate with Marber and Garvey. Marber previously held roles at UBS, HSBC, and Loomis Sayles, while Garvey has experience at Emso Asset Management and Bank of America Merrill Lynch.
Founded in 2018, Chicago Atlantic has deployed more than $3.3bn in private loans for around 1,000 investors, focusing on niche areas such as cannabis and lower-to-middle market lending.
