Monroe Capital won the 2020 Best U.S. Direct Lending Fund by Creditflux, a London-based global publication and information source for the rapidly evolving market for credit funds and CLOs.
The award was presented to the firm’s Monroe Capital private credit fund II LP. This award is given to one direct lending fund each year among all the U.S. direct lending funds. It is the third consecutive year that Monroe has won the Creditflux Best U.S. Direct Lending Fund Award.
“We are extremely honored to be recognized by Creditflux as the Best Direct Lending Fund in the U.S. 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. We are pleased to be selected for this prestigious award which was based purely on return metrics.”
Creditflux’s Credit Symposium and Manager Awards took place virtually on July 15, 2020. The 12th Creditflux Manager Awards are fully quantitative performance-based awards for the global CLO and credit fund management industry. Each year, they reward the best performance throughout the world over the previous 12 months. Awards were 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.
