AXA IM Prime has acquired a minority stake in Monroe Capital LLC, enhancing collaboration in the U.S. private credit market alongside Wendel Group.

Information on the Target

Monroe Capital LLC (“Monroe”) is a leading asset management firm that specializes in private credit markets, with a strong focus on direct lending, technology finance, and venture debt solutions. Established in 2004 and headquartered in Chicago, Monroe manages approximately $20.3 billion in assets across more than 45 investment vehicles targeted at U.S. and Canadian markets. Its dedicated team of 275 professionals aims to provide innovative capital solutions while generating high-quality returns regardless of economic cycles.

Monroe's strategic verticals encompass a wide range of private credit solutions, including Lower Middle Market Direct Lending, Alternative Credit, and Middle Market CLOs, among others. With a robust track record in delivering value-added partnerships to business owners and investors, Monroe continues to attract significant interest from both institutional and retail sectors.

Industry Overview in the U.S.

The U.S. private credit market has witnessed substantial growth over the past decade, driven by increasing demand for flexible financing solutions amid evolving economic conditions. The shift away from traditional bank lending has paved the way for alternative lenders, su