Episode 29-Exploring the GCC Private Credit Boom

According to the IMF, private credit assets grew to $2.1 trillion globally in 2023. With banks less willing to lend to riskier firms in the US and Europe, private credit has stepped in as a key lender.In the GCC, private credit activity has surged, with financial institutions setting up new funds and financing transactions. Examples include Mubadala and Goldman Sachs setting up a $1bn private credit fund in February 2024.In our 29th episode, we spoke to Ahmad Alanani, co-founder and CEO of Sancta Capital. With over 20 years of experience in debt restructuring and structured lending, Ahmad shares his insights into the growth of private credit in the region and its future.In this episode, we covered several topics includingThe development of private credit in the GulfExploring different financing structuresLooking at the risks in the coming yearsEmail us: [email protected] theme song-Arab and Muslim by StockMusic via Pixabay