Press Releases
Creditflux Selects Monroe Capital as the 2018 Best U.S. Direct Lending Fund
Chicago, IL, June 5, 2018
Monroe Capital LLC (“Monroe”) was selected as the recipient of the 2018 Best U.S. Direct Lending Fund by Creditflux, a London based global publication and leading information source for the rapidly evolving market for credit funds and CLOs. The award was presented to the firm’s Monroe Capital Senior Secured Direct Loan Fund LP.
Monroe is a private credit asset management firm specializing in direct lending and opportunistic private credit, providing senior and junior debt financing to businesses, special situation borrowers, and private equity sponsors. This year, Creditflux selected Monroe as a finalist in two categories: “Best middle-market CLO” and “Best U.S. Direct Lending Fund.”
Creditflux’s renowned Credit Symposium and Manager Awards took place May 9, 2018 in London, England. The 10th Creditflux Manager Awards are fully quantitative awards for the global CLO and credit fund management industry. Each year they reward the very best performance throughout the world over the previous 12 months. This year, 20 awards were given to managers of CLOs, private credit funds, high yield funds and hedge funds from across the industry and the globe, representing a wide range of strategies and styles. The direct lending awards are calculated based on several criteria including a combination of net IRR, leverage calculations, and capital deployed.
“We are honored to be recognized by Creditflux as the Best Direct Lending Fund in the U.S.,” said Ted Koenig, President and CEO of Monroe Capital LLC. “We were extremely proud to be nominated for this award together with some of the other largest and most successful asset management firms in the U.S. Our goal has remained steadfast at Monroe over the last 14 years, and that is to provide consistent, uncorrelated, high risk adjusted returns to our limited partner investors throughout the world. We are pleased to be selected for this prestigious award based solely on detailed, data driven limited partner return metrics.”
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides senior and junior debt financing to businesses, special situation borrowers, and private equity sponsors. Investment types include unitranche financings; cash flow, asset based and enterprise value based loans; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management, and private equity and independent sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Dallas, Los Angeles, New York, and San Francisco.
Monroe has been recognized by Creditflux as the 2018 Best U.S. Direct Lending Fund; Private Debt Investor as the 2017 Lower Mid-Market Lender of the Year; Global M&A Network as the 2017 Small Middle Markets Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. For more information, please visit monroecap.com.