Wendel strengthens its asset management platform with the acquisition of Monroe Capital

Wendel announced the acquisition of 75% of Monroe Capital LLC, a strategic transaction that expands its asset management platform, reaching approximately €31 billion in private assets. This transaction is part of Wendel's development strategy aimed at diversifying its activities as a third-party asset manager.

Monroe Capital, founded in 2004, is a major player in the U.S. private debt market for mid-sized companies. It manages $19.51 billion in assets and has completed more than 700 transactions. The collaboration with Wendel is expected to enable Monroe to further grow, in particular thanks to a significant financial commitment from Wendel.

This acquisition follows that of IK Partners and strengthens Wendel's ability to generate recurring cash flows across different asset classes, while maintaining its historic proprietary management activities.