American Equity and Monroe Capital closed on a $1 billion investment in Monroe Capital’s dedicated technology lending platform focusing on middle-market software, technology and recurring revenue loans originated and underwritten by Monroe.
Monroe Capital named Zia Uddin president. Uddin, who is a partner and portfolio manager of institutional portfolios for the firm, will continue to report to Ted Koenig, who will remain the firm’s chairman and CEO.
Creditflux, a London-based publication and information source for the market for credit funds and CLOs, selected Monroe Capital as the recipient of its 2021 Best U.S. Direct Lending Fund award.
AdTheorent and MCAP Acquisition Corporation, a publicly-traded special purpose acquisition company, entered into a definitive business combination agreement with Monroe Capital in which AdTheorent will be merged with MCAP.
Monroe Capital sponsored MCAP Acquisition Corporation, a special purpose acquisition company. This is the third SPAC for which Monroe Capital has participated as a sponsor investor.
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.
UMB Capital Finance recently closed four asset-based credit facilities with commitments in excess of $71.8 million.