May 25, 2021
Allvue’s integrated credit solutions will support Monroe’s continued long-term growth across complex investment structures
Miami, FLA (May 25, 2021) – Allvue Systems (“Allvue”), a leading alternative investment technology solutions provider, today announced that Monroe Capital LLC (“Monroe”) has selected the firm as its portfolio management software provider. Monroe is a boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance and opportunistic and structured credit.
Allvue is providing Monroe a powerful suite of solutions including private debt, portfolio management, trade order management, compliance, and fund finance to support across its private credit strategies. The software will serve as a comprehensive tool to empower Monroe by integrating its credit strategies’ complex workflows into real-time dashboards and interactive reports. This will enable Monroe to track investment exposures and easily oversee lines of credit in real time on a singular, integrated platform, fueling efficient cash planning and forecasting and aiding in the deployment of capital.
“Monroe has generated consistent growth over the last several years, and as we look ahead, we need a technology provider to support our increasing operational needs that can manage the intricacies and complexities of our varied investment structures,” said Jim Cassady, Chief Operating Officer at Monroe Capital. “Allvue’s innovative software will power our business with unparalleled visibility and reporting capabilities. We are excited to build this long-term partnership.”
“As a leading middle market credit lender, Monroe recognized the value of technology as a pivotal instrument for scaling up its business and retaining a competitive advantage,” said Ryan Keough, Chief Revenue Officer at Allvue. “Allvue’s robust credit suite will equip Monroe with the adaptable support needed to handle the complexities of the credit markets and will serve as a critical differentiator as the company enters its next phase of growth.”
In utilizing Allvue’s credit solutions, Monroe will employ the Fund Finance solution, which automates borrowing base calculations, tracks collateral exposures, and improves overall workflow management for credit facilities. Allvue also offers a holistic product suite for Credit Managers with solutions built for portfolio management, investment research, trading, and compliance that are easily adaptable to any workstream and help optimize decision-making capabilities.
About Allvue
Allvue Systems is a leading provider of end-to-end investment management solutions for fund managers, investors, and administrators in the alternative investments industry, across credit and equity strategies. The company offers innovative, configurable investment software with an integrated front-to-back solution that empowers superior investment decisions by eliminating the barriers between systems, information, and people, and streamlining investment processes. Allvue was established in 2019 through the merger of credit-focused Black Mountain Systems with equity-focused AltaReturn, and currently manages over $2.5 trillion in assets on its platform. The company is based in Miami, FL with locations throughout North America and Europe. With a commitment to product enhancements and innovation, and a focus on private debt, private equity, and other alternative asset classes, Allvue helps firms make better investment decisions, enables deeper relationships with their investors and prospects, and allows them to spend less time getting information and more time using it. To learn more about Allvue, please visit: https://www.allvuesystems.com/
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, New York, and San Francisco.
Monroe has been recognized by both its peers and investors with various awards including Private Debt Investor as the 2020 Lower Mid-Market Lender of the Year, 2020 Lender of the Year, and 2020 CLO Manager of the Year, Americas; Creditflux as the 2020 Best U.S. Direct Lending Fund; Pension Bridge as the 2020 Private Credit Strategy of the Year; and Global M&A Network as the 2020 Small Middle Markets Lender of the Year. For more information, please visit www.monroecap.com.
Allvue Systems Contact:
Remy Marin
Prosek Partners
646.818.9298
[email protected]
