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Monomoy Capital Partners’ Second Credit Opportunities Fund Reaches $300MM in Commitments

September 08, 2023, 07:43 AM
Filed Under: Private Equity

Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the middle market, reached its fundraising target for Monomoy Credit Opportunities Fund II (MCOF II) with $300 million in total commitments. The fund has begun deploying capital and is actively involved in a number of investments to date.
 
MCOF II will continue to build on the firm’s established credit strategy, focusing on debt investments in the secondary market for first lien term loans and senior secured notes of lower-middle-market and middle-market businesses in diversified end-markets across the North American industrial, distribution and consumer sectors. The credit strategy builds on the powerful foundation of Monomoy’s broader platform — the team actively manages the credit portfolio by tapping into the firm’s operating resources and focused sector expertise while maintaining its disciplined investment approach.
 
MCOF II’s limited partner base notably includes 100% of investors from MCOF I, a testament to Monomoy’s credit investment history and approach. Existing LPs are joined by a diverse group of new relationships, including family offices, public pension plans, foundations and endowments.
 
“We are grateful for the continued confidence and loyalty of our existing LP base and more than pleased to welcome new investors to support our second Credit Opportunities Fund,” commented Monomoy Partner and Head of Credit Strategies David Robbins. “The market is well-aligned to drive continued attractive opportunities for this strategy, particularly within our sectors of expertise.”
                                                   





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