December 4, 2014

Monroe Capital LLC today announced that it will dismiss its lawsuit against Warren Woo and Breakaway Capital.

“Upon further investigation, it is clear that Mr. Woo’s actions were not improper,” said Ted Koenig, President and CEO of Monroe Capital. “We are pleased to have reached a mutually satisfactory settlement agreement with Mr. Woo. Mr. Woo will remain a limited partner in Monroe Capital Partners Fund, LP and will remain economically aligned with Monroe going forward as a result of his retained financial interest in the fund’s general partner.