Monarch Alternative Capital, an opportunistic credit and real estate investment firm, closed Monarch Capital Partners VI (MCP VI). The firm raised over $4.7 billion of capital for its sixth closed-end fund, significantly exceeding its target of $3.5 billion and surpassing the size of its 2020 predecessor fund, with backing from both existing and new investors across geographies and channels.
“We are profoundly grateful for the continued trust and commitment from our long-standing investors, and excited to welcome many new partners to the fund. In our view, their confidence in Monarch’s strategy and leadership is a testament to our consistency, discipline and ability to deliver value to our partners across changing markets,” Stacey Maman, chief strategy officer and global head of client partnerships at Monarch, said. “The current landscape presents immense opportunities, and Monarch’s expertise in sourcing compelling investments and unlocking value in complex situations positions us to achieve our investment objectives for MCP VI.”
MCP VI’s global and flexible strategy is designed to capitalize on complexity and dislocation across various areas of opportunistic credit and real estate, including corporate loans and bonds, capital solution investments, real estate lending, structured credit and other areas.
