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.
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.
Monroe Capital’s opportunistic private credit group closed on a $24.5 million mezzanine loan for the development of 300 N. Michigan Avenue in Chicago. Monroe partnered with Pearlmark on the transaction.
Monroe Capital reported adjusted new investment income of $6.8 million in Q1/20 compared with $7.7 million for Q4/19. The company also reported net asset value fell by 18% to $205.4 million in the quarter compared with the Q4/19 level of $249.4 million.
Monroe Capital has been named the 2018 Lender of the Year by Mergers & Acquisitions, an independent, New York City-based publication covering all aspects of middle-market deal-making.
Private Debt Investor once again selected Monroe Capital as the recipient of its 2018 Lower Mid-Market Lender of the Year Award in the Americas region.
Global M&A Network recognized Monroe Capital as the Small Middle Markets Lender of the Year for the sixth consecutive year.
Monroe Capital closed its 2018 Monroe Capital Private Credit Fund III at $1.33 billion of limited partner commitments with over 100 investors in eight countries, eclipsing the Fund target of $800 million.
Monroe Capital closed a $456.3 million term debt securitization known as Monroe Capital MML CLO VI. Deutsche Bank served as lead manager, structuring agent and bookrunner on the transaction.