Sygnus Credit Investments (SCI), which began operations in July 2017, is the largest listed private credit investment management company across the English, Dutch and Spanish speaking Caribbean. SCI is managed by Sygnus Capital Limited, a leading Alternative Investment Management Company in the Caribbean. SCI has total Assets Under Administration (AUA) in excess of US$250M including the assets of its recently concluded acquisition of Acrecent Financial Corporation (AFC). In February 2022, SCI acquired AFC, one of the largest private credit companies in Puerto Rico, a US$100B territory in the Caribbean. Since SCI began operations, the combined business has originated and funded in excess of US$440M in capital to middle market businesses across the Caribbean. The SCI philosophy is to drive the velocity of growth for middle market firms across the region and offer an alternative channel through which businesses can access capital to drive their expansion and growth.
Our investment objective is to generate attractive risk-adjusted returns, with an emphasis on principal protection, by generating income, through investments in our portfolio companies using private credit instruments. SCI invests primarily in private credit instruments including bilateral notes and bonds, preference shares, asset-backed debt, mezzanine debt, convertible debt, and other forms of structured private credit instruments. The companies in which we invest typically use the capital to support organic growth, acquisitions and market expansion. Our portfolio companies are diversified across a broad range of sectors, including manufacturing, distribution, financial services, energy, real estate, transportation and infrastructure and a wide cross section of countries inclusive of Puerto Rico, Jamaica, Bahamas, Barbados, Aruba and more.