Daily News: June 12, 2019

Monroe Expands Direct Originations Team with Seven New Hires


Monroe Capital has expanded its direct originations team with the addition of seven experienced investment professionals: David Fischer and Nick McDearis in the firm’s Atlanta office; Dan Letizia and Tommy Ryan in Chicago; and Jack Bernstein in New York.

In addition, recently hired Stewart Hanlon is in the firm’s San Francisco office and Alex Patil is in the firm’s Los Angeles office.

“We are very fortunate to continue to attract the very best talent to our investment team with the addition of these seven experienced professionals,” said Tom Aronson, managing director & head of Originations of Monroe Capital. “Our new team members will further support the growth we have experienced in middle market financing and opportunistic investing with private equity sponsors and non-sponsored businesses. We remain focused on providing flexible and customized financing solutions to our clients.”

The expanded Monroe Capital team includes:

Fischer, managing director, and McDearis, managing director, will co-lead the firm’s relationship sourcing and the origination of new business opportunities within the Southeast region. Together they have an average of more than 12 years of experience in commercial lending and structured finance. Both will be located in the firm’s Atlanta office and have previously worked at AloStar Capital Finance.

Letizia, managing director, will be responsible for relationship sourcing and the origination of new business opportunities within the Midwest region. He has more than 15 years of experience in leveraged finance and investment banking. He previously worked at Twin Brook Capital Partners.

Ryan, managing director, will join the healthcare vertical with group head, Matt Evans. He will be responsible for relationship sourcing and the origination of new business opportunities within the healthcare industry in the West Coast region. He has more than 15 years of experience in middle market direct lending focused in healthcare. He previously worked at Twin Brook Capital Partners.

Bernstein, vice president, started with Monroe Capital in 2015 in an underwriting and portfolio management capacity and will join the firm’s origination team. He has more than six years of experience in the financial services industry. He previously worked at HIG Capital.

Hanlon, managing director, recently joined the technology vertical alongside Mark Solovy, and is responsible for co-leading the firm’s relationship sourcing and origination of new business opportunities in the technology, software and recurring revenue industries. He has over seven years of experience in middle market direct lending in software and technology finance. Hanlon previously worked at White Oak Global Advisors.

Patil, managing director, recently joined the firm and is responsible for relationship sourcing and origination of new business opportunities in the West Coast region. He has more than 10 years of experience in middle market direct lending. He previously worked at Medley Management.

“Our people and platform are the driving factor in the success we have achieved as a firm. We are grateful for the relationships that we have developed with our borrowers, financial sponsors, limited partners and consulting firms over the last 15 years. We remain dedicated to providing our limited partners and investors the very best investment returns in the private credit space,” said Ted Koenig, president and CEO of Monroe Capital.