Monroe Capital expanded its platform to the Middle East with the appointment of Waleed Noor as managing director and head of Middle East distribution. Noor will be based in Abu Dhabi, where Monroe is in the process of opening an office, and be responsible for representing Monroe throughout the region.

Prior to Monroe, Noor was a managing director and head of structured solutions sales in the MEA region at Commerzbank, where he was responsible for sales and distribution of credit solutions, secured funding, origination and distribution of emerging and developed market credit risk.

Noor has more than 15 years of experience in alternative investments and fixed income. Prior to Commerzbank, he was a director of cross asset sales in the MENA region at Credit Agricole CIB, where he was responsible for institutional sales of investment products and hedging solutions. He also held positions at Goldman Sachs (MENA region), Credit Agricole CIB (MENA region) and Banque Saudi Fransi in Riyadh.

“We are very excited to add Waleed to the Monroe Capital team. We look forward to our continued strategic growth and expansion in the Middle East,” Ted Koenig, chairman and CEO of Monroe Capital, said. “Over the last few years, we have seen more interest and appreciation of the Monroe platform and the private credit asset class from Middle East investors. We have a tremendous opportunity to expand our footprint in this region.”