Monroe Capital expands operations in Australia to access pensions market
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Monroe Capital LLC has opened its first Australian office in Sydney to access the nation's growing pensions market, hiring Galen Fu as director of business development.
Monroe Capital LLC, a US private credit manager, is expanding in Australia to tap the nation's fast-growing A$4.1 trillion ($2.6 trillion) pensions pool with the opening of a new office and hire.
The firm has set up its first Australian office in Sydney and appointed Galen Fu as director of business development, Monroe Capital said in a statement on Wednesday. Fu was previously a director in the capital markets team at Hines Investment Management, a US-based real estate asset manager.
