Monroe capital funds make strategic investment in second avenue

Chicago--(business wire)--monroe capital llc (“monroe”), on behalf of its investment funds, today announced it has acquired a strategic minority ownership interest in second avenue's operating company and has allocated approximately $250 million of additional capital to its investment platform through a mix of debt and equity capital. the $250 million is structured as a follow-on investment that is expected to be deployed across various opportunities in 2024. this is in addition to monroe's pre.
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