Credit investment specialist Alcentra is ramping up operations with a fresh capital raise targeting special situations. The alternative credit manager is prepping to deploy into niche opportunities across the fixed income landscape. This move signals growing appetite among institutional investors for specialized credit strategies that thrive in complex market conditions. Alcentra's focus on special situations—think distressed assets, restructurings, and off-the-beaten-path deals—reflects how sophisticated allocators are hunting for uncorrelated returns in a tougher macro environment.