Monarch Structured Credit Fund (“MSCF”) is Monarch’s first fund fully dedicated to investing in structured credit. MSCF was launched in December 2010. MSCF’s investment objective was to seek superior, risk-adjusted rates of return in certain segments of structured credit that leverage Monarch’s expertise in the distressed debt asset class. By the end of 2015, all investors in each series of Monarch Structured Credit Fund had been fully redeemed.