Monroe Capital Enhanced Corporate Lending Fund

Monroe Capital

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About this fund

Originates first lien senior secured and unitranche floating-rate loans to US lower-middle-market and middle-market companies, sourced and underwritten by the Monroe Capital platform. Loans are covenanted and held to maturity, with a small tail of equity co-investments alongside them.

Key figures

Net assets$105M

Total assets$228M

Leverage1.16×

Target TWR—

Underlying companies39

Average EBITDA$22M

Strategy

Asset classPrivate Credit

StrategyDirect investments

Sub asset classDirect Lending

Geographic focusNorth America

BenchmarkSOFR+500bps

Target MarketInvestors in a registered, continuously offered non-traded BDC; minimum initial investment of $1,000,000 for Class I shares and $2,500 for Class S and Class D shares.

Leverage ratio / policy2.0x

Sectors—

Fund management team

TLK

Theodore L. Koenig

Chair and Trustee · Monroe Capital

Zia Uddin

Chief Executive Officer · Monroe Capital

Christopher Lund

Chief Financial Officer · Monroe Capital

RAH

Ronald A. Holinsky

Chief Compliance Officer, Chief Legal Officer and Corporate Secretary · Monroe Capital