Monroe Capital LLC announced Steve Hinrichs has joined the firm as Managing Director in its Los Angeles office. Hinrichs will serve as the firm’s Group Head for the Southern California region.
“We are very excited to add Steve to the Monroe Capital team,” said Ted Koenig, President & CEO of Monroe Capital. “Steve has an accomplished career of over 25 years providing financing solutions to middle-market companies and brings with him many great relationships and a wide range of experience across multiple industries. He will help us continue to grow our robust origination platform that we have built throughout the U.S. and Canada.”
Prior to Monroe, Hinrichs was a Managing Director at Capital One Business Credit, where he was responsible for establishing and growing the bank’s business in the West Coast region. Prior to Capital One Business Credit, he was a Senior Vice President at Bank of America Business Capital, where he managed a team and was responsible for the originations, structuring, underwriting, closing and funding of asset-based financing transactions for 16 years. Prior to Bank of America Business Capital, he was at General Electric Capital Corporation (GECC).
Hinrichs earned his B.A. in Accounting and Finance from San Jose State University. He holds FINRA S7, S24 and S63 licenses. He is a member of the Turnaround Management Association and Association for Corporate Growth.
Monroe Capital LLC is a leading provider of 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, asset-based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe has been recognized by Global M&A Network as the 2015, 2014, and 2013 Small Middle Markets Lender of the Year; Private Debt Investor as the 2015 Lower Mid-Market Lender of the Year, the 2014 Senior Lender of the Year, and the 2013 Unitranche Lender of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year.