Creditflux, a London-based publication and information source for the market for credit funds and CLOs, selected Monroe Capital as the recipient of its 2021 Best U.S. Direct Lending Fund award. The award was presented to Monroe Capital Senior Secured Loan Fund. This award is given to one direct lending fund each year among all the U.S direct lending funds. This is the fourth consecutive year that a Monroe fund has won the award.
Creditflux‘s Credit Symposium and Manager Awards took place in London on Sept. 9. The 13th Creditflux Manager Awards are performance-based awards for the global credit fund management industry. Each year, Creditflux rewards the best performance throughout the world over the previous 12 months. Awards are given to managers of private credit funds, high yield funds, CLOs 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 extremely honored to be recognized by Creditflux as the Best Direct Lending Fund in the U.S. for 2021,” Ted Koenig, president and CEO of Monroe Capital, said. “Our award selection is indicative of the depth and breadth of the Monroe Capital private credit platform. For over 17 years we have provided consistent, risk adjusted returns with minimal correlation for our investors and shareholders throughout the world.”
“Our returns are a key differentiator in a very crowded marketplace and is one of the primary reasons LPs allow us to invest their capital,” Zia Uddin, portfolio manager of Monroe Capital, said. “We are pleased to be selected for this prestigious award, which was based purely on return metrics.”
