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Monroe Capital Commits $6B of Financings in 2022

Date: Mar 07, 2023 @ 08:00 AM
Filed Under: Industry News

Monroe Capital announced continued strong investment activity for 2022. The firm closed approximately $6 billion in new financing commitments across 115 separate transactions. Monroe’s assets under management increased by 29% to approximately $16 billion as of December 31, 2022. Across our investment vehicles, Monroe closed $4.8 billion of investable capital in new Direct Lending funds; $500 million in Opportunistic Fund I; and $960 million in two new middle market CLOs.

“I’m excited to announce our robust investment activity in 2022,” says Ted Koenig, Chairman and CEO of Monroe Capital. “We saw significant growth across our platform in verticals such as software and technology with $935 million in financing commitments across 20 transactions; healthcare with $910 million in financing across 11 transactions, opportunistic credit and real estate with $885 million in financing commitments across 19 transactions; and sports & media with $615 million in financing commitments across 11 transactions. We expanded our team by 30%, hiring an additional 60 people with a focus on underwriting and originations, middle and back office, marketing and investor relations. The second half of 2022 demonstrated the valuable role that private credit plays in keeping the M&A market functioning and liquid, even during   periods of rising interest rates and high inflation.  As we head into 2023, private credit will continue to be an important asset class to private equity sponsors, and institutional and high net worth investors alike.”

Since inception in 2004, the firm has invested over 1,700 investments involving over $33.0 billion of investment loans. Monroe is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic, real estate, structured credit, and equity.

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