Monroe Capital has added Patrick White and Mark Solovy to its team as Managing Directors in order to lead the firm’s national technology practice. Mr. White will be based in Monroe Capital’s newly established San Francisco office.
“We are very excited to add Patrick and Mark to the Monroe Capital team,” said Ted Koenig, President & CEO of Monroe Capital. “The expansion of our technology sector is consistent with Monroe’s plans to broaden our services within the middle market. Patrick and Mark will be responsible for leading our national technology lending efforts in private equity and venture capital-sponsored and non-sponsored transactions. Both have extensive experience financing middle market companies in the technology sector.”
Prior to joining Monroe, Mr. Solovy was a Managing Director at Hercules Technology Growth Capital in the firm’s Palo Alto and Chicago offices. He has over 15 years of private equity, venture capital, and investment banking experience in the technology industry. He earned his JD from the University of Pennsylvania Law School and his BS in Business Administration from the Olin Business School at Washington University in St. Louis.
Prior to joining Monroe, Mr. White was a Principal at H.I.G. WhiteHorse where he was responsible for its direct lending activities in the western United States. He has over 15 years of experience in technology finance, middle market finance and investment banking. His prior experience includes roles in principal finance and investment banking at American Capital, Wells Fargo Foothill and Houlihan Lokey. Mr. White earned his BA in Economics from Washington and Lee University.
Monroe Capital is a specialty finance company providing senior and junior debt and equity co-investments to middle-market companies. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital is headquartered in Chicago with an office in San Francisco (www.monroecap.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 9-12-13
