Monarch Alternative Capital
535 Madison Avenue, New York, NY, 10022, United States
Overview
Monarch's investment objective is to seek superior risk-adjusted rates of return through investment in a diversified portfolio comprised primarily of bank loans, public and private corporate bonds, trade claims, equity securities received in connection with debt restructurings and certain types of special situation investments, while maintaining a bias to opportunities in the upper part of the capital structure. The core strategy of the firm is to invest in what it believes are "good" companies with "bad" capital structures. Additionally, Monarch employs an "event-driven" strategy focusing on situations where there is a discount to fundamental value that the team believes can be realized through the completion of a debt restructuring process or other realization event.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 4
Investment portfolio
- Veritas Financial Partners
Led · Equity · Oct 2011
Veritas Financial Partners provides senior secured loans to middle-market businesses and offers comprehensive credit management services to banks and other financial institutions. The firm is led by co-CEOs Mark Sunshine and Mike Perlman and emphasizes specialist lending solutions across a wide variety of industries. Its team reports having loaned over $5 billion to companies during multiple economic cycles. Veritas aims to scale its lending and servicing platforms and to partner with leading financial institutions to support clients’ long-term financial and strategic goals. The company highlights its experience structuring complex lending solutions for private and public companies facing financial challenges. Recently it secured a significant equity investment to support growth and platform expansion.