AXA IM Prime takes minority stake in Monroe Capital
AXA IM Prime used its GP stake strategy to invest in Monroe alongside the Wendel Group, which acquired a majority stake last year

Monroe adapts and grows with new partner to face private credit ‘arms race’
Even as it celebrates its 20th anniversary, Monroe Capital is looking ahead to a private credit ‘arms race’ on the horizon that favours institutions of scale

Wendel announces purchase of majority stake in Monroe Capital
French investment firm Wendel announced on Tuesday it has agreed to acquire 75% of US private credit firm and CLO manager Monroe Capital for USD 1.13bn, as part of its planned expansion into third-party asset management.

Monroe selected by White House for new USD 1bn auto lending fund
Direct lender Monroe Capital is launching a White House-inspired USD 1bn institutional, closed-end fund to make direct loans to suppliers and manufacturers in the US automotive supply chain, the company announced.

Chicago pension system allocates USD 40m to private credit
The Policemen's Annuity and Benefit Fund of Chicago approved two commitments to private credit totaling USD 40m at its 24 January meeting

Monroe Capital expands in Middle East with new hire and Abu Dhabi office
Monroe Capital has hired Waleed Noor as managing director and head of Middle East distribution, as private credit funds continue to target LPs in the region

Monroe Capital receives another commitment for flagship credit fund
Monroe Capital's Private Credit Fund V received a USD 10m allocation for its lower middle market direct lending strategy

Monroe Capital receives USD 5m commitment from Monroe County
Michigan-based pension organization Monroe County Employees' Retirement System approved a commitment to a Monroe Capital-managed private credit fund

Monroe Capital completes latest acquisition
Monroe Capital acquires venture debt lending firm for undisclosed amount. 

Monroe goes on fundraising trail for second opportunistic private credit fund
Monroe Capital has incorporated vehicles for its second opportunistic private credit fund, just two months after closing its inaugural fund, according to regulatory filings

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit
 
   

Monroe closes first opportunistic private credit fund with 'over 75 investors'
Monroe Capital has won commitments from ‘over 75’ investors, closing its inaugural opportunistic credit fund, Monroe Capital Opportunistic Private Credit Fund I, at $286 million

LP round up: Apollo and Silver Rock win over $1 billion as pensions plough into private debt
Institutional investors allocated at least $2 billion to credit funds in April, according to Creditflux data, with Apollo and Silver Rock emerging as big winners

Monroe collects $4.8 billion for fourth US direct lending fund
Monroe Capital has closed its latest US direct lending fund with $4.8 billion of investable capital, which includes $2.3 billion in commitments, $1.1 billion of leverage and $1.4 billion from managed accounts

US pensions assign $1.5 billion to 16 credit managers in December
US public pensions rounded off 2021 by gifting credit managers around $1.5 billion in commitments, according to documents seen by Creditflux

American Equity mandates $1 billion to Monroe for software and tech lending
American Equity Investment Life has awarded $1 billion to Monroe Capital for its technology lending platform focusing on middle market software, technology and recurring revenue

Credit funds at a glance (November 2021)
A round up of fundraising and people moves in credit

LP round up: no Stoptober as investors allocate $5 billion to credit
US institutional investors allocated $5 billion to credit funds in October, with Oak Hill and Pimco among the biggest mandates    

Monroe promotes PM as CEO Koenig drops president title
Monroe Capital has promoted a partner and portfolio manager to president. Ted Koenig remains the firm’s chairman and CEO

Credit funds at a glance (October 2021)
A round up of fundraising and people moves in credit

CSAM regains best manager throne
Upstart CLO managers overtook more experienced rivals at last year’s Creditflux Manager Awards, but CSAM and other large firms, such as PGIM, emerged victorious in London this time around

Credit Fundraising: September breaks 2021 record and poses question - is it sustainable?
The third quarter ended with $36.5 billion being raised in credit last month, doubling July and August figures. Several of the new funds have embedded Sustainable Finance Disclosure Regulation or ESG criteria at the heart of their investment thesis   

Monroe hires head of Asia as it opens Seoul office
US private credit firm Monroe Capital has hired a head of Asia to expand its presense in the region

Monroe holds $1.3 billion fourth close on US direct lending fund
The fund, which is targeting $1.5 billion, is anticipated to hold a final close above that target before the end of this year

Monroe adds investor relations specialist from DWS
Monroe Capital has hired in its marketing and investor relations team