Chicago Atlantic is expanding into emerging markets private credit as US investors pull back from domestic strategies, according to a Bloomberg report. The firm is launching a new lending strategy targeting high-quality borrowers, including government-linked and strategically important companies, with a focus on senior secured loans, structured credit, and asset-backed financing.

This initiative is led by emerging markets veterans Peter Marber and Jim Garvey, with oversight from partner Scott Gordon, as Chicago Atlantic builds out its capabilities in developing economies. The expansion reflects broader market dynamics, as investors reassess exposure to US private credit amid concerns around loan quality and sector concentration, particularly in technology-linked segments.

For Chicago Atlantic, the move represents a strategic evolution of its private credit platform. The firm has already deployed more than $3.3bn in private loans across niche sectors, serving approximately 1,000 investors. By targeting emerging markets, Chicago Atlantic aims to capture shifting investor demand as capital rotates away from US-focused strategies.