Aberdeen Standard Life Unit Buys Stake in Monroe Capital LLC
Posted on 03/03/2021
Monroe Capital LLC is a boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity. Monroe Capital has approximately $10 billion in assets under management. Monroe has experienced significant growth since its founding in 2004. Bonaccord Capital Partners, a division of Aberdeen Standard Investments (ASI), bought a passive minority equity stake in Monroe Capital.
Bonaccord’s investment will provide Monroe with additional resources to pursue strategic initiatives, as it continues its important alignment with clients.