Investments
102Portfolio Exits
29Funds
14Partners & Customers
4About Monroe Capital
Monroe Capital is a premier boutique asset management firm specializing in private credit markets across various strategies including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm was founded in 2004 and is based in Chicago, Illinois.
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Latest Monroe Capital News
Sep 18, 2023
Horizon Technology Finance Management Expands Origination Team September 18, 2023 at 04:16 pm EDT Share FARMINGTON, Conn., Sept. 18, 2023 /PRNewswire/ -- Horizon Technology Finance Management LLC ("Horizon"), the manager and investment adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN) and an affiliate of Monroe Capital, today announced that it has hired Paul A. Horizon underwrites and manages secured loans made to companies in the technology, life science, healthcare information and services, and sustainability industries. Paul is based in Denver and will be responsible for leading Horizon's prospecting and origination of venture loans in the Life Sciences and Healthcare Information Services markets in the Southwest U.S. Paul was previously with Silicon Valley Bank, where he led relationship management efforts among life sciences businesses in the Southwest U.S. and was responsible, among other things, for generating new business and originating venture loans. Paul holds a BSBA in Finance from the University of Denver's Daniels School of Business. "We are very excited that Paul has joined the Horizon team. Paul's decade of experience in the venture lending arena, as well as his strong relationships with the life sciences community, will immediately add value to Horizon," said Gerald A. Michaud, President of Horizon. "We look forward to leveraging Paul's expertise to further strengthen Horizon's leadership position as a financing partner to life sciences and healthcare companies." About Horizon Technology Finance Management LLC Horizon Technology Finance Management, an affiliate of Monroe Capital, is a registered investment adviser that underwrites and manages secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, and is the external adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN). The investment objective of Horizon is to maximize its investment portfolios' returns by generating current income from its debt investments and capital appreciation from the warrants received when making such debt investments. Horizon is headquartered in Farmington, Connecticut, with a regional office in Pleasanton, California, and investment professionals located throughout the U.S. Monroe Capital is a $17 billion asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, opportunistic, structured credit, real estate and equity. To learn more, please visit www.horizontechfinance.com. Contacts:
Monroe Capital Investments
102 Investments
Monroe Capital has made 102 investments. Their latest investment was in Aduro Advisors as part of their Line of Credit on July 7, 2023.
Monroe Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/18/2023 | Line of Credit | Aduro Advisors | Yes | 2 | ||
4/18/2023 | Line of Credit - III | Snowden Lane Partners | Yes | 2 | ||
3/15/2023 | Line of Credit | Vytalize Health | No | 2 | ||
3/7/2023 | Unattributed VC | |||||
2/22/2023 | Series C |
Date | 7/18/2023 | 4/18/2023 | 3/15/2023 | 3/7/2023 | 2/22/2023 |
|---|---|---|---|---|---|
Round | Line of Credit | Line of Credit - III | Line of Credit | Unattributed VC | Series C |
Company | Aduro Advisors | Snowden Lane Partners | Vytalize Health | ||
Amount | |||||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 2 | 2 | 2 |
Monroe Capital Portfolio Exits
29 Portfolio Exits
Monroe Capital has 29 portfolio exits. Their latest portfolio exit was Forman Mills on June 23, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
6/23/2023 | Acquired | 3 | |||
12/19/2022 | Acquired | 15 | |||
12/13/2022 | Acq - Fin | 1 | |||
Date | 6/23/2023 | 12/19/2022 | 12/13/2022 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | Acq - Fin | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 3 | 15 | 1 |
Monroe Capital Acquisitions
7 Acquisitions
Monroe Capital acquired 7 companies. Their latest acquisition was VICE Media Group on August 01, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
8/1/2023 | Asset Sale | 2 | ||||
7/5/2023 | ||||||
6/22/2023 | Debt | |||||
3/25/2021 | ||||||
10/24/2017 |
Date | 8/1/2023 | 7/5/2023 | 6/22/2023 | 3/25/2021 | 10/24/2017 |
|---|---|---|---|---|---|
Investment Stage | Debt | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Asset Sale | ||||
Sources | 2 |
Monroe Capital Fund History
14 Fund Histories
Monroe Capital has 14 funds, including Monroe Capital Opportunistic Private Credit Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
5/11/2022 | Monroe Capital Opportunistic Private Credit Fund I | $500M | 1 | ||
4/28/2022 | Monroe Capital Private Credit Fund IV | $2,300M | 2 | ||
5/13/2021 | Monroe Capital MML CLO XI | $455M | 1 | ||
11/27/2018 | Monroe Capital Private Credit Fund III | ||||
11/19/2018 | Monroe Capital Private Credit Fund VT LP |
Closing Date | 5/11/2022 | 4/28/2022 | 5/13/2021 | 11/27/2018 | 11/19/2018 |
|---|---|---|---|---|---|
Fund | Monroe Capital Opportunistic Private Credit Fund I | Monroe Capital Private Credit Fund IV | Monroe Capital MML CLO XI | Monroe Capital Private Credit Fund III | Monroe Capital Private Credit Fund VT LP |
Fund Type | |||||
Status | |||||
Amount | $500M | $2,300M | $455M | ||
Sources | 1 | 2 | 1 |
Monroe Capital Partners & Customers
4 Partners and customers
Monroe Capital has 4 strategic partners and customers. Monroe Capital recently partnered with Ninepoint Partners on June 6, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
6/20/2023 | Partner | Canada | `` We are pleased to continue to expand our footprint in Canada to the institutional investor base through our partnership with Ninepoint Partners LP , '' said Zia Uddin , President & Co-Portfolio Manager of Direct Lending at Monroe Capital LLC . | 1 | |
5/25/2021 | Vendor | ||||
8/18/2015 | Partner | ||||
4/21/2015 | Client |
Date | 6/20/2023 | 5/25/2021 | 8/18/2015 | 4/21/2015 |
|---|---|---|---|---|
Type | Partner | Vendor | Partner | Client |
Business Partner | ||||
Country | Canada | |||
News Snippet | `` We are pleased to continue to expand our footprint in Canada to the institutional investor base through our partnership with Ninepoint Partners LP , '' said Zia Uddin , President & Co-Portfolio Manager of Direct Lending at Monroe Capital LLC . | |||
Sources | 1 |
Monroe Capital Team
34 Team Members
Monroe Capital has 34 team members, including current Chief Executive Officer, President, Ted Koenig.
Name | Work History | Title | Status |
|---|---|---|---|
Ted Koenig | Chief Executive Officer, President | Current | |
Name | Ted Koenig | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer, President | ||||
Status | Current |
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