Californian pension fund assigns $25 million to Monroe direct lending strategy
As part of its private credit pacing plan, the $5.4 billion pension fund will make a $75 million commitment to direct lending funds each year for the next three years

New Hampshire pension agrees $50 million investment in direct lending
New Hampshire Retirement System (NHRS) has committed $50 million to a Chicago-based direct lender

Missouri pension fund selects Brightwood and Monroe for private debt mandate
The St Louis Public School Retirement System has committed $22 million to private debt, according to board documents seen by Creditflux

Monroe hires vice president in investor relations team
Chicago-based direct lender Monroe has appointed Ryan Flanders as a vice president in its New York office

Chicago manager holds initial close for $1 billion private credit fund
Monroe Capital has held a $348 million initial close for its third private credit fund, which has a $1 billion hard cap, market sources say

Middle-market lender to debut $1.5 billion special situations credit fund
Chicago-based Monroe Capital is launching a special situations credit fund with a $1 billion target size, according to market sources

Mid-market lender Monroe signs JV with National Life
Monroe and National Life each put $50 million into new venture then look to add leverage

Monroe's latest private credit fund reaches first close at $204.8 million
The firm's newly launched Private Credit Fund III is inching closer to its $800 million target

Monroe holds $300 million first close for private credit fund
Chicago-based Monroe Capital has held its first close on its 2017 Monroe Capital Private Credit Fund in the amount of $300 million, a source close to the situation confirms

Monroe sees to it that endoscope specialist obtains $26 million loan
Middle-market direct lending firm Monroe Capital has acted as sole arranger and administrative agent on the funding of a $26.3 million senior credit facility

Monroe Capital adds loan to Delaware flooring maker Parterre
Monroe Capital makes loan to Tower Three Partners-backed Parterre Flooring & Surface Systems

Monroe moves into special situations credit after hiring from Melody
US middle-market lender Monroe Capital is expanding into special situations credit

$36 billion pension fund raises its target allocation to private debt
A large US public pension fund has recently agreed to increase its target allocation to private debt