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Name | | | Age | | | Background Information | | | Number of Companies in Fund Complex Overseen By Director | |
Russel Miron | | | 61 | | | Mr. Miron has served as a director of the Company since 2020. Mr. Miron is a partner at FNY Capital Management, LP (“FNY”), a global multi-strategy trading firm. Mr. Miron previously served as FNY’s Chief Strategy Officer from April 2018 to June 2020, and as FNY’s Chief Operating Officer from April 2015 to March 2018. Prior to joining FNY, Mr. Miron served as Managing Director of J.P. Morgan, Prime Brokerage, where he managed investor services sales for various regions. Prior to joining J.P. Morgan, Mr. Miron served as Senior Relationship Manager at Bear Stearns, Global Clearing Services. Mr. Miron also serves as an advisor to Kirenaga Partners, a venture capital firm, and serves on the board of the Intonation Music Workshop. Mr. Miron’s extensive experience in the investment banking and investor service industries provides our Board with valuable experience, insight and perspective. | | | 1 | |
Thomas J. Allison | | | 70 | | | Mr. Allison is the Principal of Thomas J. Allison & Associates, a senior management services firm. Mr. Allison has served as a director of Monroe Capital Corporation (Nasdaq: MRCC) since 2013. Mr. Allison was a director of MCAP Acquisition Corporation from March 2021 to December 2021. Since 2016, Mr. Allison served as Senior Advisor of Portage Point Partners, an interim management and business advisory firm., Mr. Allison is an Independent Director of Grupo HIMA, the second largest healthcare system in Puerto Rico from 2021 to present. Mr. Allison is a director of Assertio Therapeutics since 2020, where he chairs the Opioid Committee. Mr. Allison is the Independent Director of Virtus Pharmaceuticals since 2022. Mr. Allison has been a member of Aarete Consulting’s Advisory Board since 2016. Mr. Allison served as a director of Katy Industries, a manufacturer of commercial cleaning solutions and consumer storage products from 2017 to 2020, a director of PTC Alliance Group Holdings, a global manufacturer of steel tubing from 2014 to 2020, a director of The NORDAM Group, Inc., an aerospace company from 2019 to 2020, a director of Novum Pharma from 2019 to 2020 and a director of CannaTrac Technology from 2018 to 2020. From 2019 to 2020, Mr. Allison served as Chief Restructuring Officer of Inspirion Delivery Sciences. From September 2018 to January 2019, Mr. Allison was a director of PGHC Holdings, Inc., a restaurant holding company. From May to September 2016, Mr. Allison was a director of Rockpile Energy Services. From April 2015 to August 2016, Mr. Allison was a director of Silver Airways. From June 2014 to February 2015, Mr. Allison was CEO and a director of American Optical Services. From March to November 2014, Mr. Allison was | | | 2 | |
Name | | | Age | | | Background Information | | | Number of Companies in Fund Complex Overseen By Director | |
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Name | | | Age | | | Background Information | | | Number of Companies in Fund Complex Overseen By Director | |
Roger Schoenfeld | | | 64 | | | Mr. Schoenfeld has served as a director of the Company since our formation in 2018. Since 2005, Mr. Schoenfeld has served as a Managing Director at Cross Keys Capital, an investment banking firm, where he provides investment banking services to lower middle market companies, entrepreneurs and investors. Mr. Schoenfeld focuses primarily on representing owners of privately-held businesses in the sale and/or equity recapitalization of their businesses. From 1990 to 2005, Mr. Schoenfeld was a partner in various groups that acquired, operated and sold lower middle-market manufacturing businesses. From 1982 to 1988, he practiced law at Goldberg Kohn, a boutique Chicago law firm specializing in real estate, corporate and finance transactions. He actively serves on the board of directors of Monroe Capital | | | 1 | |
Name | | | Age | | | Background Information | | | Number of Companies in Fund Complex Overseen By Director | |
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Name | | | Age | | | Background Information | | | Number of Companies in Fund Complex Overseen By Director | |
Theodore L. Koenig | | | 63 | | | Theodore L. Koenig has served as our chairman of the Board, chief executive officer and president since our formation in 2018. Mr. Koenig has served as the chairman of the board of directors and chief executive officer of Monroe Capital Corporation (Nasdaq: MRCC), a publicly traded business development company (“BDC”), since February 2011 and as chairman of MC Advisors’ investment committee since October 2012. Additionally, Mr. Koenig is the chief executive officer and a manager of MC Advisors. Since founding Monroe Capital, LLC (“Monroe Capital”) in 2004, a U.S. based private credit asset management firm, Mr. Koenig has served continuously as its President and Chief Executive Officer. Prior to founding Monroe Capital, Mr. Koenig served as the President and Chief Executive Officer of Hilco Capital LP from 1999 to 2004, where he invested in distressed debt, junior secured debt and unsecured subordinated debt transactions. From 1986 to 1999, Mr. Koenig was a partner with the Chicago-based corporate law firm, Holleb & Coff. Mr. Koenig is a past President of the Indiana University Kelley School of Business Alumni Club of Chicago. He currently serves as director of the Commercial Finance Association and is a member of the Turnaround Management Association and the Association for Corporate Growth. Mr. Koenig also serves on the Dean’s Advisory Council, Kelley School of Business; Board of Overseers, Chicago-Kent School of Law; and as Vice Chairman | | | 2 | |
Name | | | Age | | | Background Information | | | Number of Companies in Fund Complex Overseen By Director | |
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Name | | | Age | | | Background Information | |
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David H. Jacobson | | | | | David H. Jacobson has served as chief compliance officer since our formation in 2018. Mr. Jacobson has also served as chief compliance officer of Monroe Capital Corporation (Nasdaq: MRCC), a publicly traded BDC, since May 2015. Mr. Jacobson previously served as the chief financial officer of Catalyst International, Inc., Coolsavings, Inc. and Sterling Capital, Ltd. He has also served as an auditor for Coopers & Lybrand. Mr. Jacobson received a B.S. in accounting with high honors from Indiana University and is a Certified Public Accountant. | |
Name | | | Fees Earned or Paid in Cash by the Company(1) | | | Total Compensation from the Company | | | Total Compensation from the Fund Complex | | |||||||||
Independent Directors | | | | | | | | | | | | | | | | | | | |
Russel Miron | | | | $ | 30,000 | | | | | $ | 30,000 | | | | | $ | 30,000 | | |
Roger Schoenfeld | | | | $ | 30,000 | | | | | $ | 30,000 | | | | | $ | 30,000 | | |
Thomas J. Allison(2) | | | | $ | — | | | | | $ | — | | | | | $ | 40,000 | | |
Interested Directors | | | | | | | | | | | | | | | | | | | |
Theodore L. Koenig | | | | | None | | | | | | None | | | | | | None | | |
Name of Beneficial Owner | | | Number of Shares Beneficially Owned(1) | | | Percentage of Class | | | Dollar Range of Equity Securities Beneficially Owned by Our Directors and Director Nominee(2) | | ||||||
Interested Directors: | | | | | | | | | | | | | | | | |
Theodore L. Koenig | | | | | 23,700(3) | | | | | | * | | | | Over $100,000 | |
Independent Directors: | | | | | | | | | | | | | | | | |
David Eaton | | | | | 0 | | | | | | — | | | | None | |
Roger Schoenfeld | | | | | 0 | | | | | | — | | | | None | |
Executive Officers who are not Directors: | | | | | | | | | | | | | | | | |
Aaron D. Peck | | | | | 13,200(3) | | | | | | * | | | | | |
David Jacobson | | | | | 0 | | | | | | — | | | | | |
All Directors and Executive Officers as a Group (5 Persons) | | | | | 35,200 | | | | | | 1.2% | | | | | |
5% or More Holders: | | | | | | | | | | | | | | | | |
Farnum Rebalance LLC(4) | | | | | 250,000 | | | | | | 8.6% | | | | | |
Purpose Specialty Lending Trust(5) | | | | | 200,000 | | | | | | 6.9% | | | | | |
Cobblestone Private Credit Fund, LP(6) | | | | | 150,000 | | | | | | 5.2% | | | | | |
Name of Beneficial Owner | | | Number of Shares Beneficially Owned(1) | | | Percentage of Class | | | Dollar Range of Equity Securities Beneficially Owned by Our Directors and Director Nominee(2) | | |||
Interested Directors: | | | | | | | | | | | | | |
Theodore L. Koenig | | | | | 54,325(3) | | | | * | | | Over $100,000 | |
Independent Directors: | | | | | | | | | | | | | |
Russel Miron | | | | | — | | | | n/a | | | None | |
Roger Schoenfeld | | | | | — | | | | n/a | | | None | |
Thomas J. Allison | | | | | — | | | | n/a | | | None | |
Executive Officers who are not Directors: | | | | | | | | | | | | | |
Lewis W. Solimene, Jr. | | | | | — | | | | n/a | | | | |
David Jacobson | | | | | — | | | | n/a | | | | |
All Directors and Executive Officers as a Group (5 Persons) | | | | | 54,325 | | | | * | | | | |
| | Fiscal Year Ended December 31, 2018 | | | Fiscal Year Ended December 31, 2021 | | Fiscal Year Ended December 31, 2020 | | ||||||||||||
Audit Fees | | | $ | 55,003 | | | | | $ | 245,103 | | | | $ | 193,725 | | | |||
Audit Related Fees | | | | — | | | | | | — | | | | | — | | | |||
Tax Fees | | | | — | | | | | | — | | | | | — | | | |||
All Other Fees | | | | — | | | | | | — | | | | | — | | | |||
TOTAL FEES | | | $ | 55,003 | | | | | $ | 245,103 | | | | $ | 193,725 | | |