Monroe Capital LLC (Monroe), has made the final close of its 2025 Monroe Capital Private Credit Fund V (Fund V), bringing total investable capital to $6.1bn across the fund, targeted fund-level leverage, and separately managed accounts pursuing the same investment strategy. Fund V will continue Monroe’s focus on providing senior secured financing solutions to private equity sponsored and non-sponsored, lower middle-market US companies with approximately $35m or less in EBITDA.
Fund V received $2.8bn of institutional limited partner commitments, complemented by $1.5bn of targeted leverage and $1.8bn from separately managed accounts. This is Monroe’s largest private credit vehicle to date, following its fourth fund, which closed in April 2022 with $4.8bn of investable capital.
The investor base comprises a diversified group of over 90 global institutions, including public and corporate pension plans, insurance companies, sovereign wealth funds, foundations, endowments, family offices, and other institutional investors across 18 countries. The firm says it is continuing to deepen and broaden its relationships with investors seeking access to private credit and to the lower middle-market corporate lending opportunity set. As of December 31, 2025, the Fund has committed over $3.2bn to over 130 borrowers.
Monroe has approximately $23bn in assets under management as of December 1, 2025. The firm has over 320 employees, inclusive of an investment team of approximately 115 investment professionals focused on deal sourcing and underwriting. The firm operates a private credit platform comprising more than 45 vehicles, including direct lending and alternative credit funds, venture debt, publicly traded and private BDCs, separately managed accounts, and CLOs.
