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Monarch Alternative Capital Raises $3 Billion for Fifth Fund

Dec 08, 2020•almost 5 years ago

Amount Raised

$3 Billion

New York

Description

 Monarch Alternative Capital LP, a leading distressed and opportunistic credit investment firm, today announced the final close of Monarch Capital Partners V.  Monarch raised approximately $3 billion of capital for its oversubscribed fifth closed-end fund, which is poised to capitalize on the vast amount of distressed opportunities in the current market.

Company Information

Company

Monarch Alternative Capital Lp

Location

New York, New York, United States

About

Monarch Alternative Capital LP is a global investment firm founded in 2002 with offices in New York and London.  The firm manages approximately $8.3 billion across its closed-end funds, open-ended fund, and customized solutions.  Monarch focuses primarily on distressed situations and opportunistic credit across corporate debt, structured credit, real estate, government debt, and special situations.  Monarch draws on the skills and experience of 68 employees across its offices in New York and London. For more information, please visit www.monarchlp.com.