Monroe Capital received the 2020 Private Credit Strategy of the Year by the Pension Bridge Institutional Asset Management Awards. The award was presented to the firm’s Monroe Capital Senior Secured Direct Loan Fund at the awards ceremony on Sept. 24, 2020.
The Pension Bridge Institutional Asset Management Awards recognize and reward the institutional asset management industry for performance and excellence across various strategies, enabling asset managers to benchmark and prove themselves against their competition.
“This was an extremely competitive process with a variety of criteria. The strategy was evaluated on one, three and five-year active performance returns in U.S. dollars compared with the most relevant benchmark. The award criteria also examined the number of mandates that have been won over a 12-month period, assets under management, consistency in investment style, environmental, social and governance (ESG) integration and analysis in the portfolio, and the quality of client servicing. We have a large number of people supporting our strategy and are excited to be objectively recognized by the industry,” Zia Uddin, partner and portfolio manager of private credit at Monroe Capital, said.
“We are extremely honored to be recognized by Pension Bridge as the Private Credit Strategy for 2020,” 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.”