Private Credit Is Still a ‘Great Opportunity,’ Investcorp Says

Investing in private credit is still a ‘great opportunity,’ the head of the Middle East’s top alternative asset manager said, despite growing warnings of a bubble developing in the asset class.

Traditional banks will to find it difficult to boost lending, opening the door for private credit funds to continue growing, said Mohammed Al Ardhi, executive chairman of Bahrain-based Investcorp, which manages about round $13 billion of assets in its credit management unit.