Monroe Capital expanded its platform to Asia with the appointment of Alex Kim, as managing director and head of Asia. The newly opened office in Seoul, South Korea reflects Monroe’s commitment to expanding its business in Asia.

Prior to Monroe, Kim was the CEO and managing director of Korea and head of Southeast Asia institutions at Aberdeen Standard Investments. Kim has more than 20 years of experience in asset management and banking, with 15 years spent in the Asia Pacific region. Prior to Aberdeen Standard Investments, Kim held roles at Russell Investments, the Royal Bank of Scotland and Pacific Investment Management.

“We look forward to continued strategic growth and expansion into the Asian markets,” Ted Koenig, president and CEO of Monroe Capital, said. “Over the last few years, we have seen more and more interest in the Monroe platform from Korean and Asian investors.  This is a great opportunity to expand our footprint in this region.”

“We are very excited to add Alex to the Monroe Capital team,” R. Sean Duff, managing director and partner of Monroe Capital, said. “Alex is a great addition to lead our institutional efforts as well as show our commitment to the Asian community. He brings with him many great relationships across the region.”

The firm has $10.3 billion assets under management across diversified private credit platform of more than 25 vehicles comprised of direct lending and opportunistic commingled credit funds, publicly traded and private BDCs, separately managed accounts, CLOs and SPACs.