Monroe Capital has hired Lee Stern as a new Managing Director in the firm’s New York office. Mr. Stern comes to Monroe from Levine Leichtman Capital Partners where he was a Managing Director responsible for expanding the firm’s credit strategies platform. He joined Levine Leichtman in October 2012.
“We are very excited to add Lee Stern to the Monroe Capital team,” said Ted Koenig, President & CEO of Monroe Capital. “He has an accomplished career providing debt solutions to middle-market companies and brings with him creativity and structuring expertise across multiple industries. Lee will lead the Monroe effort in working with our important club and co-lending investment partners as well as assist in expanding the firm’s efforts in the junior capital area for both private equity sponsored and non-sponsored transactions.”
Prior to his time at Levine Leichtman, Mr. Stern was a Director and founding member of KKR’s mezzanine debt business where he was a key participant in raising the largest first time mezzanine fund at $1 billion in 2009. Prior to KKR, he was a Managing Director at Blackstone/GSO Capital Partners responsible for senior and mezzanine investments. Mr. Stern was also the Chief Transaction Officer at Technology Investment Management Corp., a business development company. Mr. Stern has previously held Managing Director positions at Nomura Merchant Banking, Kidder, Peabody & Co., Inc. and Drexel Burnham Lambert. Mr. Stern received a BA degree from Middlebury College and an MBA from the Wharton School of the University of Pennsylvania.
Monroe Capital is a specialty finance company providing senior and junior debt and equity co-investments to middle-market companies. The firm was founded in 2004 and maintains offices in Chicago, Atlanta, Boston, Charlotte, Dallas, Los Angeles, New York and San Francisco (www.monroecap.com).
© 2014 PEPD • Private Equity’s Leading News Magazine • 5-6-14