Monroe Capital, LLC, a provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada, has established a new business vertical, Specialty Finance Lending.
Aaron Peck, Lee Stern and Kyle Asher will lead the origination efforts, based out of the firm’s Chicago and New York offices.
This new finance group, which complements existing healthcare, technology, media, ESOPs, and retail and consumer products asset based lending focused verticals, focuses on generating current cash flow based on senior secured debt investments across a diverse portfolio of asset types that tend to have limited correlation to underlying economic conditions.
The company has already completed several investments in this new business vertical.
Led by Ted Koenig, President & CEO, Monroe Capital makes investments including 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.