Home Breadcrumb caret Industry News Breadcrumb caret Industry Ninepoint fund invests in secured debt of U.S. middle-market companies The alternative investment manager launched the new fund on Wednesday By Staff | April 11, 2019 | Last updated on April 11, 2019 1 min read © solarseven / 123RF Stock Photo Toronto-based Ninepoint Partners has launched a U.S. private debt fund, the alternative investment manager announced Wednesday. The Ninepoint Monroe U.S. Private Debt Fund is advised by Chicago-based Monroe Capital LLC and is one of the first funds in Canada to provide exposure to private credit investment products in the U.S. middle market, the firm said in a news release. The fund invests in a vehicle that invests in the secured debt of U.S. middle-market companies (firms with annual revenues of between $10 million and $1 billion). Monroe itself has directly provided over $7 billion in senior secured loans since 2004, the firms said. Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo