– Monroe Capital LLC (“Monroe”), a leading private credit investment firm, closed its 2025 Monroe Capital Private Credit Fund V (“Fund V”) with total investable capital of $6.1 billion across the fund, targeted fund-level leverage, and separately managed accounts.
– Fund V continues Monroe’s focus on senior secured financing for lower middle-market U.S. companies with EBITDA of approximately $35 million or less.
– Fund V raised:
$2.8 billion in institutional limited partner commitments
$1.5 billion in targeted leverage
$1.8 billion from separately managed accounts aligned with the same investment strategy
– Fund V is Monroe’s largest private credit vehicle to date, following Fund IV, which closed in April 2022 with $4.8 billion.
– Zia Uddin, President of Monroe Capital, highlighted that Fund V’s close reflects investor confidence in Monroe’s direct lending platform, disciplined underwriting, and long-term performance.
– The investor base for Fund V includes over 90 global institutions from 18 countries, such as public and corporate pension plans, insurance companies, sovereign wealth funds, foundations, endowments, family offices, and other institutional investors.
– Monroe emphasizes:
Rigorous credit selection
Strong structural protections
Active portfolio management
Capital preservation and attractive risk-adjusted returns
– The firm maintains deep relationships with private equity sponsors and intermediaries, supporting differentiated origination and tailored financing across various industries.
– As of December 31, 2025, Fund V has committed over $3.2 billion to more than 130 borrowers.
– Monroe manages approximately $23 billion in assets as of December 1, 2025, with a team of over 320 employees, including ~115 investment professionals focused on deal sourcing and underwriting.
– Monroe operates a diversified private credit platform with over 45 vehicles, including:
Direct lending and alternative credit funds
Venture debt
Publicly traded and private BDCs
Separately managed accounts
CLOs
