AIP Capital and Monroe Capital to form a joint venture.

AIP Capital, an alternative investment manager, and Monroe Capital, an asset management firm, agreed to form a joint venture. Financial terms were not disclosed. "We are excited to announce this partnership with Monroe Capital Alternative Credit Solutions. This venture provides scalable and stable capital; critically, it enhances value to our global airline customers and lessor trading partners even as capital markets have increased volatility. We look forward to scaling this venture over the coming months with Monroe, one of the most trusted firms in asset-based finance," Jared Ailstock, AIP Managing Partner.