Tuesday 16 April 2024
 
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Monroe Capital expands to Mideast; names MD for region

ABU DHABI, 27 days ago

Monroe Capital, a premier asset management firm specializing in private credit markets, has expanded its platform to the Middle East with the appointment of Waleed Noor as Managing Director and Head of Middle East Distribution.  
 
Monroe is in the process of opening an office in Abu Dhabi. Noor will be based in Abu Dhabi and be responsible for representing Monroe throughout the region.
 
Prior to Monroe, Noor was a Managing Director, Head of Structured Solutions Sales (MEA Region) at Commerzbank AG, where he was responsible for sales and distribution of credit solutions, secured funding, origination and distribution of Emerging and Developed Market credit risk.  
 
Noor has more than 15 years of experience in alternative investments and fixed income. Prior to Commerzbank AG, he was a Director, Cross Asset Sales (MENA Region) at Credit Agricole CIB where he was responsible for institutional sales of investment products and hedging solutions. He also held positions at Goldman Sachs (MENA Region), Credit Agricole CIB (MENA Region), and Banque Saudi Fransi in Riyadh. Waleed earned his M.A., Risk Management with Honours from Nottingham University Business School, UK, and his B.A. in Finance with Honours from Durham University, UK.
 
“We are very excited to add Waleed to the Monroe Capital team. We look forward to our continued strategic growth and expansion in the Middle East,” said Ted Koenig, Chairman and CEO of Monroe Capital. “Over the last few years, we have seen more interest and appreciation of the Monroe platform and the private credit asset class from Middle East investors. We have a tremendous opportunity to expand our footprint in this region.” - TradeArabia News Service



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