Wendel Acquires Controlling Stake in Monroe Capital with AXA IM Prime as Minority Partner

Wendel has completed the acquisition of a controlling stake in Monroe Capital LLC alongside AXA IM Prime, taking approximately 75% ownership while Monroe management retains a minority interest. Wendel invested roughly $1.13 billion and committed seed and GP capital (up to $1.0 billion total) plus an $800 million sponsor program to accelerate Monroe’s private credit platform; Monroe will continue to operate independently under its current leadership.