Madison Capital Funding
Madison Capital Funding is a privately held Chicago-based middle-market lender founded in 2001 that provides direct lending and financing solutions to private equity sponsors, operating as an SEC-registered investment adviser in the private credit sector.
- Company typePrivate
- Founded2001
- HeadquartersChicago, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Madison Capital Funding does
Madison Capital Funding LLC is a privately held, Chicago-based middle-market lender founded in 2001, focused on providing financing solutions to private equity sponsors. The firm operates in the private credit sector with a stated emphasis on sponsor-backed lending transactions, positioning itself as a capital provider for acquisitions and growth financings in the middle market. The firm is SEC-registered as an investment adviser, subjecting it to federal regulatory oversight of its valuation, disclosure, and fiduciary practices.
The company's product offering is centered on direct lending products within private credit markets, including senior debt and related financing structures used to support private equity sponsor transactions. Madison Capital Funding does not publicly disclose its fund structures, AUM, fee terms, or pricing in the available source material. Its go-to-market is relationship-driven: the firm originates through and serves a concentrated channel of private equity sponsors, a model that is standard in middle-market direct lending but inherently creates dependency on sponsor repeat activity.
Madison Capital Funding's operating history spans more than two decades, and it remains active based on referenced regulatory and financial activity. In 2020 the firm settled an SEC enforcement action for negligently failing to properly assess fair market value of loan sales during the COVID-19 disruption, an event that illustrates both the regulatory regime it operates within and the valuation-discipline expectations placed on private credit advisers. Leadership is reported to include Managing Directors Jesal Jobalia and Marcus Meyer; broader management and ownership structures are not disclosed in the available data.
Madison Capital Funding firmographics
Firmographics- Name
- Madison Capital Funding
- Legal name
- Madison Capital Funding LLC
- Website
- https://mcfllc.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Madison Capital Funding is a privately held Chicago-based middle-market lender founded in 2001 that provides direct lending and financing solutions to private equity sponsors, operating as an SEC-registered investment adviser in the private credit sector.
- Ownership category
- akta.pro rank
Madison Capital Funding industry classification
Industry- Product category
- Middle Market Private Credit / Direct Lending
- NAICS
- Other Financial Investment Activities (5239)
- SIC
- Miscellaneous Business Credit Institution (6159), Investment Advice (6282)
- akta.pro primary industry
- Middle-Market Lending (FSANADAI)
- akta.pro secondary industries
- Private Credit / Direct Lending (FSAAAHAG), Senior Secured Direct Lending (FSANADAA), Large-Cap / Sponsor Finance Direct Lending (FSANADAJ)
Keywords
Where Madison Capital Funding is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Markets served
Madison Capital Funding business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Madison Capital Funding product offering
Product offeringCore offering
Madison Capital Funding provides direct lending and financing solutions to private equity sponsors and their portfolio companies operating in the U.S. middle market. The firm operates as a private credit lender within Apogem Capital's broader investment platform and is structured as a regulated investment adviser. Madison Capital Funding is the dedicated direct lending vehicle that originates senior and unitranche debt investments for middle-market borrowers sponsored by private equity firms.
Differentiator
Problem solved
Functional benefit
Products and services
- Direct Lending (Middle Market Private Credit)
Companies that use Madison Capital Funding
Customer profileIdeal customer profiles1 record
Madison Capital Funding technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Madison Capital Funding competitors and assessment
Company assessmentDirect peers
- Apogem Capital: Apogem Capital is the broader New York Life-owned middle-market private markets platform that includes Madison Capital Funding's sponsor-finance direct lending strategy, operating in the same private credit middle-market segment with the same PE-sponsor customer base.
- Golub Capital: Golub Capital is one of the largest middle-market direct lenders focused on financing PE-sponsored companies, competing directly with Madison Capital Funding for unitranche and senior secured loans to sponsor-backed borrowers.
- Antares Capital: Antares Capital is a major middle-market sponsor-finance direct lender and CLO manager, offering senior secured and unitranche loans to PE-backed companies — directly overlapping Madison Capital Funding's core offering.
- Monroe Capital: Monroe Capital is a middle-market direct lender and CLO manager providing senior and junior debt to PE-sponsored companies, making it a closely comparable peer to Madison Capital Funding in sponsor-finance origination.
- Crescent Capital Group: Crescent Capital is a middle-market focused private credit manager that originates senior secured loans to PE-backed borrowers, directly comparable to Madison Capital Funding's sponsor-finance strategy.
- Bain Capital Credit: Bain Capital Credit operates a middle-market direct lending business focused on sponsor-backed unitranche and senior loans, directly competing with Madison Capital Funding for PE-sponsored transactions.
- New Mountain Finance Corporation: New Mountain Finance is a middle-market direct lender to PE-sponsored companies, providing senior secured loans with a similar sponsor-finance orientation to Madison Capital Funding.
Broad incumbents
- Ares Capital Corporation: Ares Capital is one of the largest BDCs and middle-market direct lenders, with a broader platform and balance sheet than Madison Capital Funding but operating in the same middle-market sponsor-finance segment.
- Oaktree Capital Management: Oaktree is a large alternative credit manager with a significant middle-market direct lending franchise, offering competing sponsor-backed financing solutions across the middle market.
- BlackRock Capital Investment Corp: BlackRock Capital Investment provides senior secured loans to PE-sponsored middle-market companies, part of BlackRock's broader credit platform and a credible incumbent peer in sponsor-finance direct lending.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
Madison Capital Funding social profiles
Digital presenceMadison Capital Funding financial estimates
Financial estimateRevenue estimate
Valuation estimate
Madison Capital Funding leadership team
Management profileNumber of profiles
Profiles2 records
Madison Capital Funding funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Madison Capital Funding M&A and investment
M&A and investmentM&A
Investments8 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Madison Capital Funding
What does Madison Capital Funding do?
Madison Capital Funding provides direct lending and financing solutions to private equity sponsors and their portfolio companies operating in the U.S. middle market. The firm operates as a private credit lender within Apogem Capital's broader investment platform and is structured as a regulated investment adviser. Madison Capital Funding is the dedicated direct lending vehicle that originates senior and unitranche debt investments for middle-market borrowers sponsored by private equity firms.
Is Madison Capital Funding a public or private company?
Madison Capital Funding is a private company. It is classified as corporate owned and is currently operating.
When was Madison Capital Funding founded?
Madison Capital Funding was founded in 2001. It employs 101 to 250 people.
Where is Madison Capital Funding based?
Madison Capital Funding is headquartered in Chicago, United States, in the North America region.
Who are Madison Capital Funding's main competitors?
Direct peers on record are Apogem Capital, Golub Capital, Antares Capital, Monroe Capital, Crescent Capital Group, Bain Capital Credit and New Mountain Finance Corporation. Broad incumbents are Ares Capital Corporation, Oaktree Capital Management and BlackRock Capital Investment Corp.
Does Madison Capital Funding have an API?
No public API is recorded for Madison Capital Funding.
What industry is Madison Capital Funding in?
Madison Capital Funding's product category is Middle Market Private Credit / Direct Lending. Its primary akta.pro industry code is FSANADAI, Middle-Market Lending, with a secondary code of FSAAAHAG, Private Credit / Direct Lending. Its NAICS code is 5239 and its SIC code is 6159.