Monroe to Open Abu Dhabi Office, Hires For Middle East Push

Private credit lender Monroe Capital is finalizing plans to establish an office in Abu Dhabi in an effort to expand into the Middle East, according to a person familiar with the matter.

The company has also made a strategic hire in the region, appointing Waleed Noor as managing director and head of Middle East distribution. He previous worked at Commerzbank AG, according to his LinkedIn page. Noor will be responsible for representing Monroe throughout the region, where he’ll be based, said the person who asked not to be identified discussing private information.