Mideast Private Credit Bets Rising ‘Significantly,’ Monroe Says
This article is for subscribers only.
Private credit lender Monroe Capital LLC is looking to forge long-term partnerships with investors in the Middle East with its new office in Abu Dhabi.
“The Middle East is the fastest growing market today, with Asia, for private credit investing, because investors in the region have a very long-term investment horizon,” Ted Koenig, the chief executive officer of the Chicago-based firm told Bloomberg TV. “Generally, they are younger economies and they can take more risk.”