Monroe Capital announced Lee Stern has joined the firm as Managing Director in its New York office.
“We are very excited to add Lee Stern to the Monroe Capital team,” said Ted Koenig, President & CEO of Monroe Capital. “He has an accomplished career providing debt solutions to middle-market companies and brings with him creativity and structuring expertise across multiple industries. Lee will lead the Monroe effort in working with our important club and co-lending investment partners as well as assist in expanding the firm's efforts in the junior capital area for both private equity sponsored and non-sponsored transactions.”
Prior to Monroe Capital, Stern was a managing director at Levine Leichtman Capital Partners responsible for expanding the firm's credit strategies platform. Before that, he was a director and founding member of KKR's mezzanine debt business where he was a key participant in raising the largest first time mezzanine fund at $1 billion in 2009. Prior to KKR, Stern was a managing director at Blackstone/GSO Capital Partners responsible for senior and mezzanine investments. Stern was also the Chief Transaction Officer at Technology Investment Management Corp., a business development company. Prior to TICC, he worked for Nomura Securities, Thomas Weisel Partners, Kidder Peabody, and Drexel Burnham Lambert, all in executive and leadership positions.
Stern received a B.A. degree from Middlebury College and an M.B.A. from the Wharton School of the University of Pennsylvania.
Monroe Capital is a private investment firm providing senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly.