Monarch Alternative Capital

Monarch Alternative Capital LP is a privately owned hedge fund manager based in New York City, with an additional office in London. Founded in 2002, the firm specializes in investing in distressed debt and credit opportunities, primarily focusing on bankrupt companies. Monarch seeks to achieve superior risk-adjusted returns through a diversified portfolio that includes bank loans, corporate bonds, trade claims, and equity securities related to debt restructurings. The firm employs a fundamental analysis approach, emphasizing a bottom-up stock picking strategy supported by in-house research. Monarch's core investment strategy targets what it identifies as "good" companies with "bad" capital structures, utilizing an event-driven strategy to capitalize on situations where there is a perceived discount to fundamental value.

Joseph Citarrella

Managing Principal

Carlos Diaz-Sanchez

Managing Principal

Hannah Garland Ellis

Managing Principal and CFO

Patrick Fallon

Managing Principal

Matthew Glowasky

Managing Principal and Senior Investment Professional

Karan Malhotra

Principal and Head of Structured Credit Trading

Stacey Maman

Managing Principal, Chief Strategy Officer and Global Head of Client Partnerships

Navid Rahgozar

Principal

Adam Reich

Principal

Thomas Vigliotta

Managing Principal

Andrew Weinstock

Principal

4 past transactions

Dhanani Group

Debt Financing in 2022
Dhanani Group is a family-owned business that specializes in the operation of quick service and casual dining restaurant franchises. The company holds franchises for well-known brands such as Burger King and Popeyes, as well as La Madeleine, a French bakery and café. Through these franchises, Dhanani Group provides a diverse range of dining options, catering to various customer preferences and enhancing their culinary experience.

Enerkem

Debt Financing in 2022
Enerkem Inc., a development stage company, focuses on the development and production of renewable biofuels and chemicals from waste. The company primarily focuses on the commercial production of cellulosic ethanol. Its proprietary thermochemical process converts waste into biofuels and chemicals. The company has a strategic partnership with NOVA Chemicals Corporation. The company is based in Montreal, Canada.

The Honest Kitchen

Venture Round in 2022
The Honest Kitchen, Inc. is a San Diego-based company that produces and supplies natural pet food products for dogs and cats. Founded in 2002, the company offers a variety of items, including food, treats such as smooches and ice pups, and supplements. In addition to pet food, The Honest Kitchen provides taster kits, recipe books, and branded merchandise like T-shirts. Its products are marketed and sold through independent pet supply stores, holistic veterinary offices, training centers, and online platforms across the United States and Canada.

Shopko Optical

Acquisition in 2019
Shopko Optical is a privately held company that specializes in eye care services and high-quality eyewear. Headquartered in Green Bay, Wisconsin, it operates eye-care centers across the Midwest and parts of the Mountain and Pacific Northwest regions. The company provides a range of products, including eyeglasses, sunglasses, and contact lenses, alongside essential services such as eye exams and optical checkups. Shopko Optical is dedicated to patient-centric care, ensuring that customers receive comprehensive eye care in a comfortable and convenient setting.
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