Monroe Capital (Monroe) has held the final close of its 2022 Monroe Capital Private Credit Fund IV (Fund) with $4.8 billion of investable capital, including targeted fund leverage and separately managed accounts investing alongside the fund.
The fund has limited partner commitments with over 300 investors in 17 countries. The fund primarily targets private equity sponsored and non-sponsored, lower middle-market US companies with less than $35 million in EBITDA.
The Fund received $2.3 billion of limited partner commitments, plus targeted leverage of $1.1 billion. In addition, it received $1.4 billion from separately managed accounts, including leverage. The Fund is Monroe’s largest fund to date, exceeding Monroe Capital Private Credit Fund III, which closed in November 2018 at $2.3 billion of investable capital.
Read more: Private Equity Wire
