Monroe Capital LLC announced Marc Adelson has joined the firm as Managing Director, Originations. He joins Ben Marzouk and Lee Stern in the firm’s New York office, as the firm continues to expand its presence in the New York region.
“We are very excited to add Marc to the Monroe Capital team,” said Ted Koenig, President & CEO of Monroe Capital. “Marc has an accomplished career of over 30 years providing financing solutions to middle-market companies and brings with him many great relationships and a wide range of experience across multiple industries.”
Prior to Monroe, Adelson was the Chief Credit Officer of Medallion Financial and President of its asset-based lending business. Prior to Medallion, he was CEO and President of Commercial and Trade Finance at Capital Business Credit, and before that, Co-Head of ABL at the CIT Group, Inc. for eight years. In addition, Adelson was Executive Vice President of the ABL Group at Heller Financial, where he spent 14 years. Adelson earned his B.S. in Accounting from Brooklyn College.
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.