NEW YORK, August 9, 2019 – A deteriorating credit environment is expected to prove challenging for new US middle market loan platforms, whose fee revenue may not be enough to support them through stressful periods. Against this backdrop, a manager’s track record, alignment of interest and competitive advantages should be among investors’ primary considerations…
New York, July 29, 2019 – Churchill Asset Management LLC (“Churchill”), a majority-owned affiliate of Nuveen focused on originating, underwriting and managing middle market senior loan investments, today announced that Jessica Nels has joined the firm as a Principal in the Capital Markets and Syndication team. Based in Chicago, Ms. Nels will be responsible for middle market club transactions, syndication and lender relationship management on behalf of Churchill…
NEW YORK, July 16, 2019 – Churchill Asset Management (“Churchill”) today announced that it has been recognized as “USA Lender of the Year” at the USA M&A Atlas Awards. Presented by the Global M&A Network, the awards honor outstanding firms, dealmakers and value-creating transactions from M&A communities across the United States…
NEW YORK, July 4, 2019 – It’s important for direct lenders to strike a chord with borrowers when they pitch flexible financing solutions. But for Churchill chief executive officer Ken Kencel, it’s equally important to play major chords outside work…
London, June 6, 2019 – Churchill collaborated with the UN backed Principles for Responsible Investment (UNPRI) on the launch of the report “Spotlight on responsible investment in private debt,” the first industry guidance on responsible lending in private credit…
NEW YORK, May 15, 2019 – “Regulated banks have been losing share to direct lenders for a while, thanks to higher lender holds. That dynamic has also allowed sponsors to avoid where possible the syndication process, which involves market risk,” said Randy Schwimmer, head of originations at Churchill…
