The Korea Economic Daily named Monroe Capital the winner of its 2022 Best Performance in Private Debt – MidCap award as part of the Best Asset Managers by Korean Investors Awards Program.
The Korea Economic Daily Global Edition, a subsidiary The Korea Economic Daily, created the awards program. The awards recognize and reward the highest performing asset managers based on a comprehensive survey of asset owners in Korea, including pensions, sovereign wealth funds, mutual aids, insurance companies and major banks.
“On behalf of Korea Economic Daily, we would like to congratulate Monroe Capital on its Best Performance award in a very competitive awards process this year. This program collaborates with the largest institutional investors in Korea to select the awardees,” Chang Jae Yoo, head of market insight and senior journalist at The Korea Economic Daily, said.
“We have spent several years cultivating limited partner relationships in Korea. We believe that the Korean market is a significant part of Monroe’s growth and have made it a top priority to seek to deliver superior risk adjusted returns for our investors in a large, competitive market,” Zia Uddin, president of Monroe Capital, said. “We thank our institutional investors and business partners in Korea for this award. We are excited to be recognized for our performance and investment returns which validates our ongoing investment focus on finding unique opportunities in U.S. middle-market private credit.”
“We are excited to see our work, commitment and engagement with investors and business partners in the Asia-Pacific region be recognized,” Alex Kim, managing director and head of Asia at Monroe Capital, said. “Through our presence in the region, our goal is to continue to grow with investors and provide strategies and solutions through our platform at Monroe Capital.”