Monroe lines up $6.1bn for private credit fund

The senior secured fund, the manager's largest private credit vehicle, has already committed $3.2 billion

Monroe Capital has held a final close of its Monroe Capital Private Credit Fund V on $2.8 billion, complemented by $1.5 billion of targeted leverage and $1.8 billion from separately managed accounts expected to invest in the same mandate.

Fund V, which has a total of $6.1 billion of investable capital, is the Chicago-based credit manager’s largest private credit vehicle to date.