Annuity provider American Equity Life Holding Company allocated $1 billion to STARR, Monroe Capital’s dedicated technology lending platform focused on middle market software technology and recurring revenue loans.
Under the terms of the agreement, American Equity and Monroe will work together to scale the technology lending platform with third party investors, including other insurance companies, through structured products based on the STARR lending platform.
The investment focus for STARR is on software and technology-enabled companies that offer mission critical, high return-on-investment software or technology solutions for its customers.
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