Sygnus Credit Investments doubles down on Puerto Rico
Published:Friday | January 30, 2026 | 12:07 AM
Sygnus Credit Investments (SCI) is strengthening its push into Puerto Rico.
At Wednesday’s annual general meeting, Chief Investment Officer Jason Morris called the US territory the company’s main growth engine, noting two years of strong profits at its acquired lender, Acrecent Financial LLC, earning US$4.67 million in 2025 and US$4.18 million in 2024.
Acrecent’s platform lends to healthcare, affordable housing, hospitality and renewable energy businesses, sectors underserved by traditional banks. Puerto Rico’s US$100-billion economy is larger than SCI’s entire Caribbean footprint, offering deeper and faster-growing opportunities that fit SCI’s middle-market credit niche. SCI owns 95.58 per cent of Acrecent – renamed Sygnus Capital Puerto Rico – acquired for about US$21.2 million in February 2022. The unit is expected to start paying semi-annual dividends to SCI this financial year.
Morris also said Sygnus is finalising documentation for new international funding facilities and plans to expand the Puerto Rico unit’s US$100-million credit line by 40–50 per cent over the next 12–18 months.
For the September 2025 first quarter, SCI made net profit of US$3.18 million, down from US$4.92 million a year earlier, as fair value gains moderated compared with the prior year’s rate-driven uplift. Total assets stood at US$217.3 million, with capital at US$75.3 million.