Monroe Capital Management Advisors LLC: Manager Rating and Record

Why Monroe Capital Management Advisors LLC has three stars

Monroe Capital runs USD 19 billion of regulatory assets and has been registered with the SEC since 2012. It reports one matter in its Form ADV, brought by the SEC in 2022. Its one rated insurance-dedicated fund has four stars.

The rating looks only at the areas below, which matter to a family holding this manager's funds through a private placement policy. Past returns play no part: these funds do not report them in their SEC filings, and they say little about what a policy will earn.

Conduct and regulatory record

What regulators and courts have recorded against the manager, and for platform series against the platform, as the advisers report it to the SEC. Several proceedings on one set of facts count as one matter. Recent and serious matters count most, matters of other companies in the group count for less, matters of individuals are weighed by the person's role and their bearing on the business, and the size of the firm is taken into account.

Reported controls

What the adviser reports to the SEC for the fund: whether the accounts are audited every year by an accountant registered with the PCAOB and subject to its regular inspection, whether audited statements go to investors and what the audit opinion says, whether the administrator and custodian are outside the adviser's group, and what share of the assets was valued last year by a person not related to the adviser.

Depth and experience of the manager

The assets the manager runs, its investment staff and how long it has been registered with the SEC.

PPLI.comManager Rating

Investor experience. What policyholders, insurers and advisers tell us is shown separately and never changes the stars. A factual point they raise is checked against the filings, and if it holds, the data is corrected. We never publish names. Tell us about yours

The rating expresses the opinion of PPLI.com on the date shown. It is not a statement of fact about the fund or its manager, not a credit rating, not a forecast of returns and not investment advice. Read about the rating.

Registration and size

Identity

Legal nameMonroe Capital Management Advisors LLC

SEC registrationRegistered investment adviser, 801-74559 IAPD

CRD number157073

Latest Form ADV27 March 2026 ADV

Registered with the SEC since22 March 2012

Assets and staff, as filed

Regulatory assets under managementUSD 18,556,000,000

Of which discretionaryUSD 18,556,000,000

Employees282

Of which investment advisory staff79

Private funds listed in Schedule D49

Regulatory assets are calculated under the SEC's Form ADV instructions and include all funds and accounts the adviser manages, not only those open to insurers. Figures come from the SEC's adviser files of November 2026.

Regulatory and legal record

What the adviser itself discloses in Item 11 of its Form ADV, summarised from the disclosure pages, with a link to the filing. Item 11 is filed for the adviser as a whole, so under each matter the fund it concerns is read from the disclosure itself.

20223 May 2022

Regulatory action by US Securities and Exchange Commission: cease and desist

Fund concerned: none named in the filing. The matter concerns the adviser itself, not a specific fund, and none of the insurance-dedicated funds in this file is named.

On July 20, 2023, the SEC published an order of settlement between it and the registrant relating to registrant's failure to timely file amended reports on schedule 13G related to certain special purpose acquisition Company ("SPAC") related investments, to timely disclose conflicts of interest related to client investments in SPACS, and to adopt reasonably designed policies and procedures regarding its personnel's ownership interests in SPAC sponsors. Without admitting or denying the findings, registrant consented to the entry of the SEC'S order finding that registrant violated Sections 206(2) and 206(4) of the Investment Advisers Act of 1940 and Rule 206(4)-7 thereunder, and violated and ...

US Securities and Exchange Commission · Settled 20 July 2023 · USD 1.0 million · Concerns the adviser itself · Form ADV, Item 11 disclosure

These are the matters Monroe Capital Management Advisors LLC reports in Item 11 of its Form ADV, filed 27 March 2026. A reported matter is a fact disclosed by the adviser, not a finding by PPLI.com. None of them concerns the insurance-dedicated funds listed above.

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Monroe Capital Management Advisors LLC

Insurance-dedicated funds managed by Monroe Capital

Why Monroe Capital Management Advisors LLC has three stars

Conduct and regulatory record

Reported controls

Depth and experience of the manager

Registration and size

Identity

Assets and staff, as filed

Regulatory and legal record

Regulatory action by US Securities and Exchange Commission: cease and desist

How would you rate Monroe Capital Management Advisors LLC?

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