Monroe Capital LLC said April 30 that Alex Patil has joined the firm’s originations team as managing director, West Coast region. Patil was previously a managing director at Medley Management Inc.
CHICAGO–(BUSINESS WIRE)–Monroe Capital LLC today announced Alex Patil has joined the firm’s originations team as Managing Director, West Coast Region. Alex joins Steve Hinrichs in the firm’s Los Angeles office.
Prior to Monroe, Alex was a Managing Director at Medley Management, Inc., where he led the originations efforts for the West Coast region. He was responsible for deal sourcing, underwriting, transaction execution and portfolio management. Prior to Medley, he was employed in the Technology Investment Banking division at Bank of America Merrill Lynch.
“We are very excited to add Alex to the Monroe Capital originations team,” said Tom Aronson, Managing Director & Head of Originations of Monroe Capital. “Alex has an accomplished career of over 10 years providing financing solutions to middle-market companies and brings with him many great relationships and a wide range of experience across multiple industries. He will help us continue to grow our robust direct origination platform that we have built throughout the U.S.”
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides debt financing to businesses, special situation borrowers, and private equity sponsors. Investment types include cash flow, enterprise value and asset-based loans; unitranche financings; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management, and private equity and independent sponsors. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, New York, and San Francisco.
Monroe has been recognized by Creditflux as the 2018 Best US Direct Lending Fund; Private Debt Investor as the 2018 Lower Mid-Market Lender of the Year; Mergers & Acquisitions as the 2018 Lender of the Year; Global M&A Network as the 2018 Small Middle Markets Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. For more information, please visit www.monroecap.com.