JOURNAL ARTICLE

Ex-Credit Suisse Bankers Aim to Finance Venezuela Oil Revival.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Yapur, Nicolle; Zerpa, Fabiola; Duarte, Esteban 3 of 3

Abstract

The article focuses on ArtCap Strategies, a private-credit firm founded by former Credit Suisse bankers, which is seeking to finance Venezuela's oil services sector to help revive crude output after years of underinvestment. ArtCap targets small- and medium-sized local providers working with oil majors, offering financing for equipment, maintenance, and capital expenditures, and manages about $300 million in assets. The firm’s efforts coincide with a major energy conference in Caracas that attracted over 900 industry executives and officials, reflecting renewed investor interest despite ongoing regulatory uncertainties and sanctions. ArtCap aims to rehabilitate existing wells and infrastructure, believing this approach can restore production more quickly than new drilling. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:Geography and Cartography
  • Publication Date:2026
  • Accession Number:193314231
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