Chris Babick joined Monroe Capital’s originations team as managing director. Babick will lead the firm’s relationship sourcing and the origination of new business opportunities within the Southeast region.
Monroe Capital supported the second recapitalization of National Credit Center, an SNH Capital Partners portfolio company. Monroe provided the financing through an upsizing of the company’s senior credit facility.
Karin Kovacic joined Monroe Capital as managing director, East Coast Region, of the firm’s originations team. She will be based out of the New York office.
In an increasingly complicated lending market, sometimes it pays to keep it simple. In an interview with Tom Aronson and Lee Stern of Monroe Capital, ABF Journal contributor Carol Clouse discusses the growing popularity of unitranche loans, which were first widely used during the height of the financial crisis.