Monroe Capital, an asset management firm based in Chicago, Illinois, has expanded its platform to Australia with the appointment of Galen Fu as director of business development. Fu will be based in the firm’s newly opened Sydney office and will be responsible for client servicing and capital raising across Australia.
Fu has more than 14 years of experience in capital raising, portfolio management and banking in the Asia-Pacific region. Prior to Monroe, he was a director in the capital markets team at Hines Investment Management where he was responsible for business development and investor relations across Australia.
He previously held roles at MaxCap Investment Management ( a subsidiary of Apollo Global Management ), Westpac Bank and ANZ Bank. Fu earned his bachelor of arts in commerce and economics from the University of New South Wales.
“We have several long-standing limited partners in Australia and we look forward to our continued strategic growth and expansion in Australia,” says Monroe president Zia Uddin. “In recent years, Australian investors have shown increased interest and appreciation for the Monroe platform and the private credit asset class. We have a tremendous opportunity to expand our footprint in this significant market."