Monroe Capital was selected as the recipient of the 2019 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 Senior Secured Direct Loan Fund.
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Creditflux’s Credit Symposium and Manager Awards took place May 8, 2019 in London. The 11th 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. This year, 18 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.
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“We are extremely honored to be recognized by Creditflux as the Best Direct Lending Fund in the U.S. for 2019,” said Ted Koenig, president and CEO of Monroe Capital LLC. “Our nomination as Best New Middle-Market CLO and our selection as Best U.S. Direct Lending Fund for the second year in a row is indicative of the depth and breadth of the Monroe Capital private credit platform.”
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