Monroe Capital announced the launch of Monroe Capital Enhanced Corporate Lending Fund (“MLEND” or the “Fund”), a perpetual-life, continuously offered, non-traded business development company designed to provide retail investors access to Monroe’s direct lending strategy.
MLEND seeks to deliver consistent current income and attractive risk-adjusted returns that are less correlated with public markets. To achieve this, the Fund intends to construct a unique, balanced investment portfolio primarily consisting of diversified senior secured loans to lower middle market companies with predictable, stable cash flows, as well as senior secured loans to software and technology-enabled companies. The Fund focuses on various diverse industries, including technology and software, business services, and healthcare, among others. The Fund leverages Monroe Capital’s deep sourcing relationships and rigorous underwriting process that have been developed over the last twenty years.
The Fund offers monthly subscriptions, quarterly liquidity windows via discretionary share repurchases (commencing with quarter ending December 31, 2027), and Form 1099 tax reporting, making it an attractive solution for income-focused investors seeking access to differentiated private credit markets.
“Monroe Capital has established a 21-year track record of investing in lower middle market companies through disciplined credit selection and value-driven partnerships,” said Zia Uddin, President of Monroe Capital. “With MLEND, we are broadening access to our direct lending strategy, offering institutional-quality investments with lower minimums and flexible liquidity. We believe the current market environment presents compelling opportunities for private credit investors, and MLEND is designed to deliver diversification, stability, and attractive risk-adjusted returns.”