Monroe Capital Supports Warburg Pincus’ Investment in Cornerstone Caregiving
Monroe Capital LLC (“Monroe”) announced it acted as lead arranger and administrative agent on the funding of a senior credit facility to support the investment in Cornerstone Caregiving (“Cornerstone”) by private equity sponsor Warburg Pincus.
Founded in 2020 and headquartered in Waco, TX, Cornerstone is an in-home agency specializing in care for seniors, including Alzheimer's, dementia, and palliative care. Their services encompass personal care, specialized care, and 24-hour care, catering to individuals and caregivers seeking compassionate care for their loved ones.
About Monroe Capital
Monroe Capital LLC (“Monroe”) is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate 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 has 12 locations throughout the United States, Middle East, Asia and Australia.
