{ "crd_number": 165657, "slug": "monroe-capital-bdc-advisors-llc-chicago-il-165657", "primary_business_name": "MONROE CAPITAL BDC ADVISORS, LLC", "legal_name": "MONROE CAPITAL BDC ADVISORS, LLC", "dbas": [], "city": "Chicago", "state": "IL", "country": "United States", "cbsa_code": "16980", "metro": { "cbsa_code": "16980", "common_name": "Chicago", "msa_name": "Chicago-Naperville-Elgin, IL-IN", "path": "/advisors/il/chicago" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2012-10-09", "years_registered": 13, "period": "2026-10-01", "filing_date": "2026-03-27", "carried_forward": false, "raum_total": 6705330000.0, "raum_discretionary": 6705330000.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 101, "advisory_employees": 21, "client_count_bucket": null, "clients_by_type": { "business_development_companies": { "raum": 6705330000.0, "count": 3 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_investment_companies" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "IL", "WA" ], "websites": [ "https://linkedin.com/company/monroe-capital", "https://monroebdc.com", "https://monroecap.com", "https://monroemlend.com", "https://twitter.com/MonroeCap" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/165657", "city_as_filed": "CHICAGO", "url": "https://advisorcensus.com/firm/monroe-capital-bdc-advisors-llc-chicago-il-165657", "display_name": "Monroe Capital BDC Advisors, LLC", "summary": "Monroe Capital BDC Advisors, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.", "citation": "AdvisorCensus. Monroe Capital BDC Advisors, LLC (CRD 165657): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for investment companies (and business development companies)" ], "quick_answers": [ { "q": "How is Monroe Capital BDC Advisors, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Monroe Capital BDC Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Monroe Capital BDC Advisors, LLC located?", "a": "Monroe Capital BDC Advisors, LLC's principal office is in Chicago, IL, according to its Form ADV; the April 2026 filing also lists 6 other offices (Schedule D, Section 1.F)." }, { "q": "Is Monroe Capital BDC Advisors, LLC registered with the SEC or a state?", "a": "Monroe Capital BDC Advisors, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 165657." }, { "q": "How much does Monroe Capital BDC Advisors, LLC manage?", "a": "Monroe Capital BDC Advisors, LLC reports $6,705,330,000 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)." }, { "q": "How have Monroe Capital BDC Advisors, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Monroe Capital BDC Advisors, LLC: Regulatory assets under management: $782,469,251 in the October 2021 data and $6,705,330,000 in the October 2026 data, up 757%. Total employees: 8 in October 2021 and 101 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Monroe Capital BDC Advisors, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: business development companies (3)." }, { "q": "Does Monroe Capital BDC Advisors, LLC report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/165657" }, { "q": "What changed in Monroe Capital BDC Advisors, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 14 to 21. Regulatory assets under management went from $4,795,821,000 to $6,705,330,000 (+40%). Changed its office addresses in Santa Monica, CA. Added an office in Al Maryah Island, Abu Dhabi." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 782469251.0, "total_employees": 8, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1314719139.0, "total_employees": 15, "filing_date": "2022-09-02" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2109637000.0, "total_employees": 21, "filing_date": "2023-03-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3149427000.0, "total_employees": 35, "filing_date": "2024-03-29" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4795821000.0, "total_employees": 71, "filing_date": "2025-07-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 6705330000.0, "total_employees": 101, "filing_date": "2026-03-27" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 14 to 21.", "Regulatory assets under management went from $4,795,821,000 to $6,705,330,000 (+40%).", "Changed its office addresses in Santa Monica, CA.", "Added an office in Al Maryah Island, Abu Dhabi." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Registered or notice-filed in WA." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/monroe-capital-bdc-advisors-llc-chicago-il-165657.md", "clients": [ { "type": "business_development_companies", "label": "Business development companies", "count": 3, "fewer_than_5": false, "raum": 6705330000.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/165657", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }