Monomoy Closes Fund II at Hard Cap

Monomoy Capital Partners has closed its second restructuring fund, Monomoy Capital Partners II, at its hard cap of $400 million. The firm had been targeting $350 million for the fund, a considerable increase from the $280 million it raised for the fund's vintage 2006 predecessor. MVision Private Equity Advisors served as placement agent and Kirkland & Ellis acted as legal counsel for the most recent fund.