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Monroe Capital To Start BD Unit
Specialty lender, Monroe Capital, has filed paperwork with the Securities and Exchange Commission to launch a business development company.
Specialty lender,Monroe Capital, has filed paperwork with theSecurities and Exchange Commissionto launch a business development company,The Wall Street Journalreports.Monroe Capital Corporation(MCC) intends to raise about $150 million in an initial public offering.
MCC may invest $5-25 million in senior, unitranche and junior secured debt in middle-market companies. Monroe Capital has about $750 million in assets under management.
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