Press Releases
Monroe Capital Establishes a Specialty Finance Practice
Chicago, IL, March 23, 2016
Monroe Capital LLC today announced that it has established a new business vertical, Specialty Finance Lending. Aaron Peck, Lee Stern and Kyle Asher will lead the origination efforts, based out of the firm’s Chicago and New York offices.
“We are excited to establish this new group focusing on specialty finance. This new finance group complements our existing healthcare, technology, media, ESOPs, and retail and consumer products asset based lending focused verticals,” said Ted Koenig, President & CEO of Monroe Capital. “The specialty finance vertical focuses on generating current cash flow based on senior secured debt investments across a diverse portfolio of asset types that tend to have limited correlation to underlying economic conditions. Our team has a broad investment mandate and prides itself not only on its industry expertise but also on its ability to move quickly and efficiently on new sectors and opportunities. We have already completed several investments in this new business vertical.”
More about our new vertical can be found here.
About Monroe Capital
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, asset based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. Monroe has been recognized by Global M&A Network as the 2015, 2014, and 2013 Small Middle Markets Lender of the Year; Private Debt Investor as the 2015 Lower Mid-Market Lender of the Year, the 2014 Senior Lender of the Year, and the 2013 Unitranche Lender of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.