Monroe Capital (“Monroe”) today announced that it has provided approximately $450 million in direct financing support to over 20 women and minority-owned businesses.
Ted Koenig, President & CEO of Monroe Capital, commented, “We wanted to make known our commitment to financing quality women and minority-owned or managed businesses. We have been consistent in our efforts to deploy capital to these businesses over the years. Not only is it the right thing to do from a community perspective, it is also the right thing to do from a business perspective.”
Monroe is an active financing source in the middle and lower middle market for both private equity sponsored and non-sponsored transactions. As of October 1, 2020, the firm had approximately $9.1 billion of committed and managed capital under management across multiple investment vehicles and fund products. Since inception of the firm, Monroe has invested over $18 billion in over 1,350 separate transactions.