Monroe Capital Continues Business Development Build

Monroe Capital has named Todd Davis as a director on its direct originations team. Mr. Davis will be based in Monroe’s New York office and will be responsible for expanding Monroe’s origination efforts across the Northeast.

Mr. Davis has more than 15 years of middle-market sponsor finance experience. Before joining Monroe, he spent over 13 years at Antares Capital and its predecessor, GE Capital. Most recently, he was Senior Vice President of Capital Markets, where he oversaw the execution of middle-market sponsor transactions. He began his finance career as an analyst at JPMorgan.

“We are very excited to add Todd to the Monroe Capital originations team,” said Tom Aronson, the vice chairman and head of originations at Monroe. “Todd brings over 15 years of experience providing financing solutions to middle-market companies, along with a strong network of sponsor relationships. His expertise will be instrumental in continuing to grow our robust direct origination platform.”

Todd Davis
Todd Davis

The addition of Mr. Davis underscores Monroe’s ongoing efforts to broaden its national footprint and deepen relationships with private equity sponsors and middle-market borrowers. Last month, the firm hired Dimitri Stathopoulos as Managing Director and Head of Business Development – Americas. Mr. Stathopoulos has more than 20 years of experience in institutional fundraising and investor relations, and he oversees fundraising and capital development across Monroe Capital‘s range of investment strategies, including direct lending, structured credit, real estate, and venture debt. Before joining Monroe, Mr. Stathopoulos was Senior Managing Director and Head of Americas at Nuveen, where he led institutional capital raising.

According to Morgan Stanley, middle-market private credit continues to show resilience amid shifting interest rates, backed by substantial dry powder – $570 billion of dry powder in private debt funds alongside another $2 trillion in private equity funds. As of Q2 2025, direct lending volume supporting LBOs rose to $22 billion, the highest since Q2 2022, with direct lenders financing 49% of buyouts exceeding $1 billion. Globally, private credit fundraising reached $260 billion in Q1 2025, of which over 70% went to direct lending funds.

Monroe Capital (NASDAQ: MRCC) provides senior and junior debt financing to middle-market businesses with at least $3 million of EBITDA, special situation borrowers, and private equity sponsors. Investment types include unitranche financings; cash flow, asset-based, and enterprise value-based loans; and equity co-investments. Sectors of interest include healthcare, business services, technology, consumer, and niche manufacturing.

The firm’s most recent flagship fund, Monroe Capital Private Credit Fund IV, closed with $2.3 billion in limited partner commitments in February 2024, and the firm is actively fundraising for its fifth private credit fund with a target of $3 billion. Monroe Capital was founded in 2004 and is headquartered in Chicago with 10 additional offices throughout the United States and Asia.

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