Monarch Associates

Monarch Associates is a global specialist in corporate and sovereign debt recovery, with a focus on emerging markets. Founded in 1992, the firm has recovered more than USD 750 million in distressed and defaulted debts, typically achieving 50–75% recovery. Operating on a success-fee model, Monarch works with banks, corporations, insurers, funds, and sovereign entities worldwide, handling cases from USD 3–50 million across Latin America, Africa, Asia, the Middle East, and Central Asia.