Monroe Capital, SMBC, MA Asset Management Launch $1.7B U.S. Middle Market Lending Platform
Monroe Capital, Sumitomo Mitsui Banking Corporation (SMBC), and MA Asset Management, a division of Australia’s MA Financial, have formed a joint venture to establish a $1.7 billion lending platform focused on senior secured loans for the U.S. middle market.
The partners will collectively fund the platform, targeting first-lien senior-secured loans for private equity-backed companies, an underserved segment with growing financing needs.
The collaboration integrates Monroe Capital’s U.S. direct lending expertise, SMBC’s global banking network, and MA Financial’s specialty credit capabilities, marking a significant U.S. market expansion for Tokyo-based SMBC and MA Financial.
Monroe Capital will utilize its established loan origination platform, SMBC will contribute its private credit and sponsor finance experience, and MA Financial will provide expertise in specialty credit and co-lending strategies.
“We continue to innovate new structures to be the financier of choice for lower middle market corporate borrowers and their private equity owners,” said Monroe Capital President Zia Uddin.
Frank Danieli, head of Global Credit Solutions at MA Financial Group, noted that the venture reflects “a shift toward co-lending” and described the U.S. middle market as “an attractive opportunity to support real economy businesses.”
Chicago-based Monroe Capital, a private credit specialist since 2004, serves U.S. and Canadian clients. SMBC Group operates in nearly 40 countries with 120,000 employees. MA Financial, active in six countries, manages over A$10.3 billion ($6.7 billion) in assets and oversees A$141 billion ($91.4 billion) in managed loans.
