Monroe Capital - $450 Million Provided to Over 20 Women and Minority-Owned Businesses
Monroe Capital announced a significant commitment, providing approximately $450 million in direct financing to over 20 women and minority-owned businesses. Ted Koenig, President & CEO, emphasized their ongoing dedication to supporting these businesses, viewing it as a vital community and business strategy. As of October 1, 2020, Monroe managed around $9.1 billion in capital and has invested over $18 billion in more than 1,350 transactions since its inception in 2004.
- Provided approximately $450 million in financing to over 20 women and minority-owned businesses.
- Demonstrated long-term commitment to diversity in business financing.
- None.
CHICAGO--(BUSINESS WIRE)--Monroe Capital (“Monroe”) today announced that it has provided approximately
Ted Koenig, President & CEO of Monroe Capital, commented, “We wanted to make known our commitment to financing quality women and minority-owned or managed businesses. We have been consistent in our efforts to deploy capital to these businesses over the years. Not only is it the right thing to do from a community perspective, it is also the right thing to do from a business perspective.”
Monroe is an active financing source in the middle and lower middle market for both private equity sponsored and non-sponsored transactions. As of October 1, 2020, the firm had approximately
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides debt financing to businesses, special situation borrowers, and private equity sponsors. Investment types include cash flow, enterprise value and asset-based loans; unitranche financings; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management, and private equity and independent sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, New York, and San Francisco.
Monroe has been recognized by Creditflux as the 2020 Best U.S. Direct Lending Fund; Pension Bridge as the 2020 Private Credit Strategy of the Year; Global M&A Network as the 2020 Small Middle Markets Lender of the Year; Private Debt Investor as the 2018 Lower Mid-Market Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. For more information, please visit www.monroecap.com.
