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White House picks Monroe Capital to deveop $1B fund for auto suppliers

Sep 23, 2024, 1:34 PMcrainalerts
White House picks Monroe Capital to deveop Newsletter ArticleB fund for auto suppliers

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Monday, September 23, 2024
Electric vehicles in a parking lot

White House picks Monroe Capital to develop $1 billion fund for auto suppliers

The fund will help smaller firms along the supply chain gain access to capital in what is an underserved market in finance, despite being a trillion-dollar industry, CEO Theodore Koenig said.

 
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