Daily News: March 23, 2016

Monroe Capital Launches Specialty Finance Practice


Monroe Capital launched a newly established 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,” Koenig said.