Dulles, together with William Nelson Cromwell, each contributed $25,000 in the investment banking partnership.
Murnane was a legend in the investment banking business, formerly a partner in Lee, Higginson & Co., which collapsed in the Swedish match scandal.
Murnane became acquainted with Monnet while at Lee Higginson through Lee Higginson's role with the Kreuger match empire where Monnet was appointed liquidator of the empire on behalf of foreign investors.
[1] Monnet & Murnane initially worked on the international financing of the China Development Finance Corporation, which Monnet had helped Chinese financier and statesman T. V. Soong to create in early 1934.
Murnane went on to become a partner in Lazard Frères & Co., and Monnet was to be a principal architect of the European Economic Community.