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Dresner Partners Opens New York Office

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Dresner Partners, a middle-market investment bank, is expanding its East Coast presence by establishing an office in New York City.”Establishing a New York office is a necessary step to support our investment banking professionals that are working with clients in the region,” said Steven Dresner, President of Dresner Partners. “In addition, as a member of IMAP, with offices in over 30 countries, our East Coast clients will also benefit from our cross-border capabilities which include local market knowledge and expertise in Canada, Mexico, Europe, Asia and South America. We feel it is critical that our clients have access to strategic opportunities across the globe.”

The New York office will be managed by Mitchell Stern, Managing Director. Mr. Stern joined Dresner Partners in January 2012 as a Managing Director responsible for the Healthcare sector. Before joining Dresner Partners, Mr. Stern was a Managing Director in Healthcare Investment Banking at Morgan Joseph TriArtisan, and has also held positions with SMH Capital (Sanders Morris Harris), Glocap Advisors, Needham & Co., Schroders plc (Wertheim Schroder), and Salomon Brothers. In addition, Mr. Stern worked in the M&A Transactions Group at Deloitte & Touche and was a Certified Public Accountant (C.P.A.) with Ernst & Whinney (now Ernst & Young).

“In the New York office, we focus on many industry sectors; however, a large portion of my time is spent on healthcare. We are currently working with companies in healthcare services, healthcare IT, medical devices and products, life sciences and nutraceuticals,” said Mr. Stern. “In addition to healthcare, we have given some focus to the technology, education and consumer spaces. Throughout my career, I have worked on transactions in all areas of the world, ranging in size from $10 million to over $1 billion.”

Dresner Partners is a middle-market investment bank headquartered in Chicago with offices in New York, Connecticut and Los Angeles. Founded in 1991, Dresner Partners provides financial advisory services to business owners and managers, including institutional private placements of debt and equity, merger and acquisitions, valuations and strategic consulting services. Sectors of interest include consumer, food, healthcare, technology, education, financial services and industrials (www.dresnerpartners.com).

Monroe Capital Has Strong First Quarter

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May 1, 2012 – Monroe Capital reported today that the firm recorded strong performance in the first quarter led by growth and expansion in its lending portfolio. “Our robust first quarter performance demonstrates the strong interest that private equity sponsors and middle market companies have shown in our customized credit one-stop solutions as traditional bank loans and other sources of funding continue to be challenging to close,” said Ted Koenig, President and Chief Executive Officer of Monroe Capital.

Monroe Capital experienced strong demand for its range of senior debt, junior credit and unitranche financing products from leading private equity sponsors and business owners.  Transactions completed in the first quarter included a $21 million financing for Benton-Georgia; $25.5 million for Thermal Solutions Manufacturing; $37.1 million for LAI International and $43.25 million for the acquisition of R. Cushman & Associates by Fabco Automotive Corporation Partners, a portfolio company of Wynnchurch Capital.

Monroe Capital stated that while traditional banks continued to tighten their lending activity amid volatile public markets, the firm remains fully committed to fulfilling the growth capital needs of lower middle market and mid-sized U.S. and Canadian companies.

Monroe Capital is a specialty finance company providing senior and junior debt to middle-market companies. Monroe Capital specializes in originating, structuring and providing one-stop financings. Investment types include senior and junior secured debt as well as bridge loans, acquisition facilities, mezzanine or last-out secured loans and equity co-investments. The firm is based in Chicago, IL (www.monroecap.com).