Portfolio Partner Profile
Sygnus Credit Investments Puerto Rico Fund - Series II
Sygnus Credit Investments Puerto Rico Fund Series II (SCIPRF II), managed by Sygnus Capital PR LLC (SCPR), supports small- and medium-sized enterprises (SMEs). SCPR, formerly an affiliated of Acrecent Financial Corporation (currently known as Acrecent Financial LLC), is a Puerto Rican private investment firm with over 20 years of experience in providing middle market business loans and equipment leases to Puerto Rican companies. The company serves multiple sectors including Real Estate, Healthcare, Education and Hospitality. Since 2018, SCPR and Acrecent Financial LLC as the principal lender, has deployed over $439 million in loans to Puerto Rican SMEs though multiple fund vehicles including LIFT I, LIFT II, and Acrecent Finance Partners.
Through SCIPRF II, SCPR will continue to support a historically underserved market by providing financing directly to Puerto Rican SMEs. The businesses the clients of SCPR serves typically have limited access to other forms of financing, as the only other options on the island are either large companies or credit unions that do not have the adequate resources to provide loans beyond simple credit.