Monroe Capital Corporation, a business development company affiliate of Monroe Capital, reported net investment income of $12.6 million, or $0.61 per share, in Q2/20 compared with $6.8 million, or $0.33 per share, for the quarter ended March 31, 2020.
Monroe Capital reported the purchase of more than 237,500 shares of Monroe Capital common stock by officers and directors of the company and senior management of Monroe Capital Management Advisors, an affiliate of the company’s investment advisor.
Monroe Capital was selected as the recipient of the 2019 Best U.S. Direct Lending Fund by Creditflux, a London-based global publication.
Monroe Capital Corporation’s Q2/18 net investment income of $7.9 million was up from $6.1 million in Q2/17. Debt and equity investments, valued at $498.2 million, were up from $445.5 million a year earlier.
Monroe Capital’s Q2/17 net investment income of $6.1 million was up 9% from $6.0 million sequentially. Investments at fair value of $445.5 million were up $27.4 million from $418.1 million in Q1/17.