Monroe Capital expands Australian presence with | Australian Markets
US-based asset supervisor, Monroe Capital, has moved to additional set up its presence in Australia with the appointment of Galen Fu as Director, Enterprise Growth and the opening of a new workplace in Sydney.
The firm mentioned Fu would tackle accountability of shopper servicing and capital raising in Australia, bringing the firm’s specialist experience in personal credit markets throughout direct lending, technology finance, enterprise debt, opportunistic, structured credit, real estate and equity to the native market.
“We have several long-standing limited partners in Australia and we look forward to our continued strategic growth and expansion in Australia,” Zia Uddin, President of Monroe Capital, mentioned.
“In recent years, Australian investors have shown increased interest and appreciation for the Monroe platform and the private credit asset class. We have a tremendous opportunity to expand our footprint in this significant market.”
Fu brings slightly below 15 years of expertise in capital raising, portfolio management and banking throughout the Asia-Pacific area to the new function, having beforehand spent time as Director within the Capital Markets staff at Hines Funding Administration, in addition to different roles at MaxCap Funding Administration (an offshoot of Apollo International Administration), Westpac Financial institution and ANZ Financial institution.
“We are very excited to add Galen to the Monroe Capital team,” Alex Kim, Head of Asia of Monroe Capital, mentioned.
“Galen is a great addition to deepen our efforts and demonstrate Monroe Capital’s commitment to the Australian investor base and market. His experience and relationships will enhance our engagement with business partners and investors within the region.”
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