Monroe Capital ( (MRCC) ) has issued an announcement.
On March 31, 2025, Monroe Capital Corporation entered into a new investment advisory agreement with Monroe Capital BDC Advisors, LLC, following the termination of the previous agreement due to a change of control. This change was part of a strategic partnership where Momentum US Bidco LLC, an affiliate of Wendel SE, acquired a 75% stake in Monroe’s affiliates. The partnership aims to support Monroe’s growth initiatives and expand its U.S. private credit platform, with Wendel committing $1 billion for seed capital and GP commitments. Monroe will continue to operate independently with no changes to its investment process or operations.
More about Monroe Capital
Monroe Capital LLC is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate, and equity. Since 2004, the firm has been providing capital solutions to clients in the U.S. and Canada, offering a wide variety of investment products for both institutional and high net worth investors, with a focus on generating high-quality ‘alpha’ returns. The firm is headquartered in Chicago and has 11 locations throughout the United States, Asia, and Australia.
YTD Price Performance: -6.51%
Average Trading Volume: 59,476
Technical Sentiment Signal: Sell
Current Market Cap: $166.8M
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