Monroe Capital LLC, established in 2004, is a leading asset management company known for its comprehensive portfolio management and investment advisory services. The firm predominantly serves pooled investment vehicles, institutional investors, registered investment advisors, and affluent individuals in the United States and Canada. The firm is renowned for its expertise in private credit markets. It offers services across multiple strategies, such as direct lending, technology finance, venture debt, opportunistic and structured credit, real estate, and equity investments.
With its headquarters in Chicago, Illinois, Monroe Capital Corporation is an SEC-registered investment advisor with a footprint of 10 offices across the United States and Asia. The firm employs a dedicated team of about 240 individuals, including 105 investment professionals, and its senior management averages over 25 years of industry experience.
2023 is a landmark year for them, celebrating two decades of successful operations. By the end of this year, the firm anticipates managing assets worth over $20 billion. This year also marks the fifth anniversary of its wealth management channel, highlighting a period of robust growth and strategic achievements.
Monroe Capital has established itself as a pivotal financial partner for middle-market companies in the U.S., comprising nearly 200,000 companies with yearly revenues ranging from $10 million to $1 billion. These enterprises are diverse, spanning family-owned businesses, entrepreneurial ventures, companies backed by private equity, and some public entities. They play essential roles across various industries, contribute about one-third of the private sector's GDP, and employ close to 48 million people, generating nearly $10 trillion annually for the national economy.
The firm supports these companies by providing the necessary capital for various critical activities, including acquisitions, addressing generational ownership transfers, funding private equity mergers and acquisitions, investing in property and equipment, enhancing working capital, driving revenue growth, and supporting international expansion.
From its inception, Monroe Capital has focused on serving small to mid-sized businesses, mainly targeting those in the lower middle market with $35 million EBITDA and below. The firm's two-decade-long success is attributed to its role as a committed, client-oriented, and trusted partner. The firm offers extensive investment products to produce superior "alpha" returns for high-net-worth investors across varying economic conditions and business cycles.
The firm is also recognized for its efficient, timely, and seamless deal execution. Monroe maintains high underwriting standards and a robust credit platform, ensuring reliable and steady returns for its investors.
Monroe Capital's excellence and reliability have been recognized with awards from peers and industry bodies. These accolades include titles such as the 2023 Lower Mid-Market Lender of the Decade and the 2023 CLO Manager of the Year, Americas from Private Debt Investor (PDI), demonstrating the firm's respected standing in the financial services sector. Since 2013, The firm has garnered 16 awards from PDI, underscoring its consistent performance and leadership.
The firm is also expanding its team and operations globally. Recent developments include an increase in its Middle East operations with a new managing director and the upcoming establishment of an office in Abu Dhabi. The technology finance group has also seen growth with the appointment of a new managing director based in Chicago this year.
Monroe Capital Management Advisors is deeply committed to responsible corporate practices and strongly focuses on environmental, social, and corporate governance (ESG) principles. The firm has signed onto the United Nations-supported Principles for Responsible Investment ("PRI") and participates in the UN Global Compact, advocating for practices that promote human rights, sustainability, labor rights, and anti-corruption.
Inclusion and diversity are integral to the company's core values. Monroe's Diversity, Equity, and Inclusion Committee strives to cultivate an environment of equality, recognizing and nurturing talent across the organization and promoting positive internal and external change.
Community engagement is another critical aspect of Monroe Capital's philosophy. The firm actively participates in community improvement projects, such as sponsoring Hope Chicago, which aims to raise $1 billion for scholarships. Additionally, the firm supports the Chicago Urban League. It encourages employees to engage with local nonprofits like My Block, My Hood, My City, Cradles to Crayons, and the Chicago Food Depository.
Moreover, Monroe Capital manages an ESG Article 8 Fund, emphasizing its dedication to responsible investing by considering its investment choices' environmental, social, and governance attributes. This commitment to ethical practices enhances The firm's operational standards and sets a high benchmark for responsible investing in the financial sector.
