Monroe Capital Holds First Close of $250M Fund

Monroe Capital, a firm focused on middle-market and lower-middle market investments, has held a first close of its $250 million fund: Monroe Capital Partners Fund LP. Specific details of the close were not released. The new fund will provide senior and junior mezzanine debt and equity co-investments for private equity-sponsored deals, the firm said. Chicago-based Monroe Capital has more than $700 million under management.

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