Monroe Capital today announced record investment activity for 2021. The firm closed in excess of $6.3 billion in new financing commitments across 131 separate transactions. Monroe’s assets under management increased by 35% to $12.7 billion as of December 31, 2021. In addition, the firm closed on over $4 billion of new capital for investments.
“I’m excited to announce our record breaking 2021,” says Ted Koenig, Chairman and CEO of Monroe Capital. “It all starts with the people. We expanded our team 13% by hiring an additional 39 employees with a focus in underwriting, middle and back office, marketing and investor relations. We continue to capitalize on the robust market with new business outreach and leveraging our existing relationships with private equity firms. Our strong deal sourcing and flexible investing approach allows us to be a first and last call to the financial sponsor and non-sponsor community alike. It is a strong ‘alpha’ generator for our limited partner investors.”
Since inception in 2004, the firm has invested over 1,500 investments involving over $25 billion of investment loans. Monroe’s core investment efforts focus on the US Lower Middle Market, targeting companies with $35 million or less of EBITDA.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, Naples, New York, San Francisco, and Seoul.
Monroe has been recognized by both its peers and investors with various awards including Creditflux as the 2021 Best U.S. Direct Lending Fund; Global M&A Network as the 2021 Mid-Markets Lender of the Year, U.S.A.; Private Debt Investor as the 2020 Lower Mid-Market Lender of the Year, 2020 Lender of the Year, and 2020 CLO Manager of the Year, Americas; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information, please visit www.monroecap.com.
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Contacts
Theodore L. Koenig
Monroe Capital LLC
312-523-2360
tkoenig@monroecap.com
Caroline Collins
BackBay Communications
617-963-0065
caroline.collins@backbaycommunications.com