Monroe Capital Corporation announced it expanded its board from five to seven members and elected two new directors. Joining the Monroe board, effective immediately, are Thomas J. Allison, retired Executive Vice President and Senior Managing Director of Mesirow Financial Consulting, LLC and Jorde M. Nathan, retired Managing Director of Barclays Bank. Due to the admission of additional lenders into the company's credit facility, Jeffrey M. Steele is no longer considered a non-interested director.

The board has appointed Mr. Allison to the company's audit committee as its chairperson and has appointed Mr. Nathan to the Company's nominating and corporate governance committee. Mr. Allison served as Executive Vice President and Senior Managing Director of Mesirow Financial Consulting, LLC. At Mesirow, Mr. Allison managed complex turnaround situations and advised on major reorganizations and insolvencies.

He also served as CEO, CFO or CRO for several clients. Mr. Nathan was employed by Barclays Bank, a major global financial services provider, from 2008 until 2012. Prior to Barclays, Mr. Nathan was employed by Lehman Brothers from 1993 until 2008.

As Managing Director at Barclays and Lehman, Mr. Nathan focused on distressed, high yield and leverage loan sales and trading.