Monroe Capital Makes $315M Close on First CFO

Tags: Real Estate

Monroe Capital announced that it has raised $315M in capital commitments for its inaugural collateralized fund obligation (CFO), a “bespoke solution” that will offer investors access to strategies across the firm’s portfolio.

Monroe Capital CFO I is expected to “provide investors exposure to Monroe’s platform through a single offering,” Head of Structured Solutions Seth Friedman said in a statement. The CFO fund will offer access to the private credit firm’s portfolio, which includes its flagship senior secured direct lending and alternative credit solutions platforms. 

Monroe said that as of October 1, it oversees $19.4B in aggregate assets across more than 45 vehicles, including direct lending and alternative credit solution funds, venture debt, publicly traded and private business development companies, separately managed accounts, and collateralized loan obligations. 

Jefferies Financial Group provided structuring and placement services for the fundraiser, with Carlyle serving as structuring advisor and Dechert LLP as legal advisor.

Source: https://www.businesswire.com/news/home/20241107365350/en/Monroe-Capital-Closes-Inaugural-315-Million-Collateralized-Fund-Obligation

New call-to-action

Written By: Dakota

logo-1

The Database For Cold Outreach to Reach Institutional and RIA Investors