Monroe Capital, a Chicago-based finance and merchant banking firm, has launched a new advisory practice to assist middle-market companies. The new firm, Monroe Credit Advisors, will capitalize on the experience and relationships of Monroe Capital and its senior middle-market bankers.
Leading the new firm will be Mark Gertzof, a former managing director with Merrill Lynch Capital, and Christopher Gentry, former director with Concord Financial Advisors. In addition, the new firm will draw upon the experience and relationships of senior bankers, Ted Koenig, Mike Egan and Tom Aronson of Monroe Capital, and the remainder of the Monroe Capital organization.
Ted Koenig, president of Monroe Capital, said: “The challenging state of the credit markets is putting a lot of middle-market companies in a bind. We felt we could use our collective lending experience and our extensive relationships with credit providers in the US to provide real value-added assistance to companies in order to meet their financing needs.”
Mark Gertzof, managing director, said: “We plan to focus on balance sheet issues brought on by the current economic downturn and advise on new or replacement financing for these companies by utilizing our relationships with hundreds of traditional and specialty finance firms nationwide. Most companies don’t know who to turn to for capital right now.”
Christopher Gentry, managing director, said: “Our execution driven process will give our clients the best chance of succeeding, and that’s an intangible that translates into real dollars and a ‘must-have’ in today’s financing market.”
