Monroe Capital has closed its 2022 Monroe Capital Private Credit Fund IV with $4.8 billion of investable capital, including targeted fund leverage and separately managed accounts investing alongside the Fund.

Monroe Capital is a boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity. The Fund primarily targets private equity sponsored and non-sponsored, lower middle-market U.S. companies with less than $35 million in ebitda.

“We very much value the support of our limited partners across the globe for their trust in our ability to generate consistent and attractive risk-adjusted returns. We continue to leverage our best-in-class platform to provide unique access to niche areas within the middle-market,” said Ted Koenig, CEO of Monroe. “The low interest rate and inflationary environment we face has led many investors to seek safe floating rate yield to drive investment returns. We are proud that the institutional investor community continues to appreciate the differentiated returns that Monroe has been able to consistently generate since the inception of our firm in 2004, regardless of the business cycle or economic climate.”