BCI

Private credit lender based in Victoria, British Columbia, Canada.

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BCI (British Columbia Investment Management Corporation) is the Victoria, British Columbia public sector investment manager, with C$313.7 billion in gross assets. Its private debt program, started in 2018 with about C$20 billion allocated, does direct and co-investment corporate lending in the middle and upper middle market and asset-backed lending; it was a syndicate lender in Upper90's $225 million GPU credit facility to Crusoe in March 2025.

Profile

TypePrivate credit / direct lender
HeadquartersVictoria, British Columbia, Canada
Websitewww.bci.ca
Founded1999
CoverageInternational
ProductsSenior secured loans
SectorsAI and GPU infrastructure, Infrastructure, Real estate, Renewables and storage, Technology and IT equipment

Sources: BCI, Crusoe.

GPU and data center financings

Public financings naming BCI, from the GPU Financing Tracker.

DateBorrowerAmountTypeRoleSource
Mar 27, 2025Crusoe$225MGPU-backed facilityparticipantCrusoe / Upper90

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