May 29, 2024

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Monroe Money Announces Strategic Minority Expense by Bonaccord Capital Companions / Aberdeen Regular Investments

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CHICAGO–(Enterprise WIRE)–Monroe Cash LLC (“Monroe” or the “Business”), a major center sector private credit rating investment decision manager with roughly $10 billion in belongings beneath management, now announced that it has offered a passive minority fairness stake to Bonaccord Funds Associates (“Bonaccord”), a division of Aberdeen Typical Investments (“ASI”). Terms of the financial commitment have been not disclosed.

Bonaccord’s investment decision will present Monroe with extra methods to pursue strategic initiatives, as it carries on its significant alignment with shoppers. The investment decision will have no affect on the working day-to-working day administration or operations of Monroe. The expenditure is non-voting, and the Firm’s investment and determination-producing processes will continue being unchanged.

“We are delighted to have Bonaccord and ASI as a extended-term strategic expenditure spouse. ASI is a single of the quite premier and most sophisticated European asset management companies. Bonaccord’s knowledge and track file of supporting main alternate asset administrators will be useful to us as we keep on to strategically develop and scale our system to far better provide our limited companions and other investors,” reported Ted Koenig, President & CEO of Monroe Capital LLC.

“Monroe is a earth-class financial investment agency that possesses impressive depth and breadth of abilities across the non-public credit rating markets,” said Ajay Chitkara, Head of Bonaccord Cash Associates. “The agency has distinguished by itself by way of its fantastic administration and expense team. With a quite powerful expense monitor record, we imagine they are strategically positioned to further capitalize on a broad array of exceptional investment decision options throughout the private credit history spectrum. We glimpse ahead to supporting Ted and the complete Monroe workforce in the several years to appear.”

Mark Redman, Worldwide Head of Personal Marketplaces at ASI extra, “Monroe has been at the forefront of creating reliable and eye-catching threat adjusted returns for its traders for practically twenty several years. We believe that their private credit score expenditure goods will have broad applicability throughout our system. We are thrilled about gaining entry to their solutions and search forward to operating with the Monroe financial investment crew.”

Monroe has experienced important growth given that its founding in 2004. Its center-market place personal credit history platform has risen to grow to be a single of the most prominent in the marketplace. As one of the major dedicated senior secured personal credit score traders in the U.S., Monroe has invested in excess of $20 billion in far more than 1,400 organizations to date. The Firm’s immediate lending business has received many awards for its regular functionality in excess of the last 17 years. Monroe’s private credit system includes sector-centered strategies built to seek alternatives and produce excellent “alpha” returns for its traders across all industry credit history cycles, together with health care, business providers, technology, program and serious estate.

In addition, Monroe has ongoing to broaden its existence throughout the public credit history markets, with expense possibilities spanning collateralized personal loan obligations, leveraged loans, and other non-expenditure grade company credit score securities.

Evercore acted as economic advisor and Fried Frank acted as legal counsel to Monroe.

About Monroe Cash

Monroe Cash LLC (“Monroe”) is a premier boutique asset administration firm specializing in personal credit rating marketplaces across various methods, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit score, and fairness. Considering that 2004, the company has been efficiently giving funds options to shoppers in the U.S. and Canada. Monroe prides alone on being a price-included and user-welcoming husband or wife to enterprise house owners, management, and each personal fairness and independent sponsors. Monroe’s system features a extensive wide range of financial commitment merchandise for equally institutional and substantial net really worth traders with a concentrate on producing substantial high-quality “alpha” returns irrespective of enterprise or economic cycles. The business is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, New York, and San Francisco.

Monroe has been acknowledged by equally its peers and buyers with several awards such as Personal Financial debt Investor as the 2020 Decreased Mid-Current market Lender of the Yr, 2020 Loan company of the 12 months, and 2020 CLO Manager of the Year, Americas Creditflux as the 2020 Finest U.S. Direct Lending Fund Pension Bridge as the 2020 Non-public Credit score Tactic of the Yr and Global M&A Network as the 2020 Little Center Markets Lender of the Year. For additional info, make sure you pay a visit to www.monroecap.com.

About Bonaccord Cash Partners (“Bonaccord”)

Bonaccord Money Associates (“Bonaccord”) focuses on creating strategic minority investments in leading mid-sized choice asset supervisors throughout non-public fairness, non-public credit score, authentic estate and serious assets globally. Bonaccord is part of the personal marketplaces division of Aberdeen Normal Investments (“ASI’). Bonaccord’s minority investments help the generation of long-phrase strategic benefit for these primary managers improved by leveraging ASI’s sizeable worldwide capabilities and community throughout substitute asset management.

About Aberdeen Standard Investments (“ASI”)

ASI is a leading international asset manager with $562.90 billion in belongings below management and 50 workplaces globally. In addition, ASI has a differentiated and thorough point of view on the alternative expenditure landscape by its system, taking care of about $34 billion in allocations to 3rd bash alternative asset professionals throughout personal equity, serious assets, true estate and hedge fund procedures.

ASI is a model of the financial investment corporations of Aberdeen Asset Management and Conventional Lifestyle Investments. In the United States, Aberdeen Standard Investments is the advertising name for the adhering to affiliated, registered financial commitment advisers: Aberdeen Common Investments Inc., Aberdeen Asset Administrators Ltd., Aberdeen Common Investments Australia Ltd., Aberdeen Common Investments (Asia) Ltd., Aberdeen Capital Management LLC, Aberdeen Regular Investments ETFs Advisors LLC and Regular Lifetime Investments (Corporate Money) Ltd. Bonaccord Capital Partners is a division of ASI.

ASI Make contact with: Male Nicholls, Head of Communications Americas +1 215 687 8049

For additional info, remember to visit our site at www.aberdeenstandard.com.

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