Monroe Banks $6.1 Billion for Fund V

Monroe Capital has closed its 2025 Monroe Capital Private Credit Fund V with $6.1 billion of total investable capital. The close follows the firm’s prior institutional vehicle, Fund IV, which raised $4.8 billion of investable capital in 2022.

Monroe Capital provides senior secured loans, unitranche financings, and mezzanine capital that customers use to fund acquisitions, refinancings, and growth. The firm serves private equity–sponsored and independent lower middle-market companies. Monroe Capital was founded in 2004 by CEO Ted Koenig and is headquartered in Chicago with 10 additional offices throughout the United States and Asia.

“The successful close of Fund V reflects the continued confidence our global institutional investor base has in Monroe’s tenured direct lending platform, disciplined underwriting culture, and long-term performance across market cycles,” said Zia Uddin, the president of Monroe Capital. “With this capital, we are well positioned to continue delivering consistent performance in a target segment where many limited partners are seeking increased diversification and exposure.”

Monroe Capital has approximately $23 billion of assets under management and more than 320 employees.