The move aligns with Wendel’s roadmap to expand its third-party asset management platform. Initially, Wendel will invest $1.13bn to acquire 75% of Monroe Capital’s shares.

French investment company Wendel will acquire U.S. asset investment firm Monroe Capital , it said on Tuesday, with an initial investment of $1.13 billion for 75% of the company's shares.

Wendel (MF-FP) today announced that it has completed the definitive partnership agreement including the acquisition, together with AXA IM Prime, of 75% of Monroe Capital LLC (“Monroe Capital ...

Wendel completes the acquisition of a controlling stake in Monroe Capital LLC, a transformational transaction in line with its strategic roadmap Wendel’s Asset Management platform now represents ...

Wendel Group has agreed to acquire a 75 percent equity stake in Monroe Capital, an asset management firm. Wendel will provide $1 billion for seed capital and GP commitments for current and future ...

Wendel commits $1 billion for seed capital and GP commitments for current and future Monroe investment strategies and acquires a majority stake in Monroe Capital; Monroe continues to operate ...

French investment company Wendel has entered a deal to acquire a 75% stake in US private credit manager Monroe Capital. The move aligns with Wendel’s roadmap to expand its third-party asset ...

Wendel (MF-FP) today announced that it has completed the definitive partnership agreement including the acquisition, together with AXA IM Prime, of 75% of Monroe Capital LLC ("Monroe Capital” or "the ...

Wendel’s Asset Management platform now represents c.€34 billion 1 of AuM in private assets and is expected to generate, on a full year basis, c.€160 million 2 of Fee Related Earnings and c.€185 ...

(MENAFN- GlobeNewsWire - Nasdaq) Wendel completes the acquisition of a controlling stake in Monroe Capital LLC, a transformational transaction in line with its strategic roadmap Wendel's Asset ...

Wendel completes the acquisition of a controlling stake in Monroe Capital LLC, a transformational transaction in line with its strategic roadmap Wendel's Asset Management platform now represents c ...