Cesar Gueikian joined private credit lending specialist Monroe Capital as managing director and co-portfolio manager of the firm's new special situations strategy, confirmed Theodore L. Koenig, president and CEO.
Mr. Gueikian will manage the Monroe Capital Special Situations Fund with Aaron Peck, managing director. Mr. Peck will retain his role as chief investment officer and chief financial officer of Monroe Capital Corp.
The new fund will seek origination-driven, senior and asset based private debt, and secondary special situations with an emphasis on principal protection.
Mr. Koenig said the introduction of the special situations credit strategy comes at the request of the firm's institutional investors and expands the firm's investment capabilities to include the full spectrum of private credit solutions.
Mr. Gueikian was founder and managing partner of private debt and secondary investments manager Melody Capital Partners.
Neither Omar Jaffrey nor Andres Scaminaci, managing partners of Melody Capital, responded to a request for information about Mr. Gueikian's replacement by press time.
Monroe Capital manages $5 billion for institutional investors.