Monroe Capital, a private investment firm focused on investments in middle market and lower middle market companies, has closed its new fund at $250 million, Private Equity Wire reports. The Monroe Capital Partners Fund will offer senior and junior/mezzanine debt and equity co-investments for private equity-sponsored and privately held businesses undergoing recapitalization, refinancing, acquisition and expansion.
The fund will make investments across a broad range of manufacturing, distribution and service industry segments, as well as woman-and-minority-owned businesses and companies located in underserved communities. The fund’s targets will include companies with strong management teams generating over $3 million in annual EBITDA.
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