Gemcorp Capital has recruited senior talent from Oaktree Capital Management as it accelerates its expansion into private credit, signalling growing competition among asset managers targeting high-yield opportunities in emerging markets. The move, reported in May 2026, reflects Gemcorp’s strategy to scale its lending platform and capture rising demand for alternative financing, as highlighted by Bloomberg.
The hire is part of a broader push by Gemcorp to strengthen its capabilities in structuring and deploying private credit deals, particularly across Africa, the Middle East, and other developing regions. Private credit, direct lending to companies outside traditional banking channels has become increasingly attractive as global banks pull back and investors seek higher returns, as explained in Reuters analysis.
Industry data shows the private credit market has grown rapidly to over $1 trillion globally, with emerging markets still accounting for less than 10% of that total despite offering higher yields. Firms like Gemcorp are positioning themselves to bridge this gap by financing infrastructure, energy, and trade projects that are often underserved by conventional lenders, as outlined by Reuters.
Analysts say the recruitment underscores intensifying competition for talent in private credit as firms scale operations and diversify portfolios. For Gemcorp, deepening its bench with experienced professionals is expected to enhance deal origination and execution, reinforcing
