Press Releases
Monroe Capital Expands Direct Originations Team
Chicago, IL, June 11, 2019
Monroe Capital LLC today announced that it has expanded its direct originations team with the addition of seven experienced investment professionals: David Fischer and Nick McDearis in the firmās Atlanta office; Dan Letizia and Tommy Ryan in the firmās Chicago office; and Jack Bernstein in the firmās New York office. In addition, recently hired Stewart Hanlon is in the firmās San Francisco office and Alex Patil is in the firmās Los Angeles office.
āWe are very fortunate to continue to attract the very best talent to our investment team with the addition of these seven experienced professionals,ā said Tom Aronson, Managing Director & Head of Originations of Monroe Capital. āOur new team members will further support the growth we have experienced in middle market financing and opportunistic investing with private equity sponsors and non-sponsored businesses. We remain focused on providing flexible and customized financing solutions to our clients.”
The expanded Monroe Capital team includes:
David Fischer, Managing Director, and Nick McDearis, Managing Director, will co-lead the firmās relationship sourcing and the origination of new business opportunities within the Southeast region. Together they have an average of over 12 years of experience in commercial lending and structured finance. Both will be located in the firmās Atlanta office and have previously worked at AloStar Capital Finance.
Dan Letizia, Managing Director, will be responsible for relationship sourcing and the origination of new business opportunities within the Midwest region. He has over 15 years of experience in leveraged finance and investment banking. Dan will be located in the firmās Chicago office and has previously worked at Twin Brook Capital Partners.
Tommy Ryan, Managing Director, will join the healthcare vertical with Group Head, Matt Evans. He will be responsible for relationship sourcing and the origination of new business opportunities within the healthcare industry in the West Coast region. He has over 15 years of experience in middle market direct lending focused in healthcare. Tommy will be located in the firmās Chicago office and has previously worked at Twin Brook Capital Partners.
Jack Bernstein, Vice President, started with Monroe Capital in 2015 in an underwriting and portfolio management capacity and will join the firmās origination team. He has over six years of experience in the financial services industry. Jack is located in the firmās New York office and has previously worked at HIG Capital.
Stewart Hanlon, Managing Director, recently joined the technology vertical alongside Mark Solovy, and is responsible for co-leading the firmās relationship sourcing and origination of new business opportunities in the technology, software and recurring revenue industries. He has over seven years of experience in middle market direct lending in software and technology finance. Stewart is located in the firmās San Francisco office and has previously worked at White Oak Global Advisors, LLC.
Alex Patil, Managing Director, recently joined the firm and is responsible for relationship sourcing and origination of new business opportunities in the West Coast region. He has over 10 years of experience in middle market direct lending. Alex is located in the firmās Los Angeles office and has previously worked at Medley Management, Inc.
Ted Koenig, President and CEO of Monroe Capital commented, āOur people and platform are the driving factor in the success we have achieved as a firm. We are grateful for the relationships that we have developed with our borrowers, financial sponsors, limited partners and consulting firms over the last 15 years. We remain dedicated to providing our limited partners and investors the very best investment returns in the private credit space.ā
About Monroe Capital
Monroe Capital LLC (āMonroeā) is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroeās middle market lending platform provides debt financing to businesses, special situation borrowers, and private equity sponsors. Investment types include cash flow, enterprise value and asset-based loans; unitranche financings; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management, and private equity and independent sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, New York, and San Francisco.
Monroe has been recognized by Creditflux as the 2019 Best US Direct Lending Fund; Private Debt Investor as the 2018 Lower Mid-Market Lender of the Year; Global M&A Network as the 2018 Small Middle Markets Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. For more information, please visit www.monroecap.com.