Junior Capital

NEW YORK, December 17, 2018 – …Churchill’s CEO, Ken Kencel, steers clear of pockets of the market where discipline is slipping. He lends to mid-size U.S. firms where loans are senior-secured, meaning he’s first in line for payouts if the firm defaults. He lends to borrowers with strong cash flow, plenty of equity and junior debt that serve as buffers if the firm hits a bump. He’ll average an all-in yield of 7 percent to 7.5 percent…

Read Full Article »

New York, December 5, 2018 – Churchill Asset Management (“Churchill”), a majority-owned affiliate of Nuveen focused on originating, underwriting and managing middle market senior loan investments, announced today that Marissa Short and Robert Lin have joined the firm as members of Churchill’s finance and operations team, which is led by Shai Vichness, Senior Managing Director and Chief Financial Officer. The appointments are effective immediately…

Read Full Article »

GlobalTranz

Lender

  • Second Lien Term Loan
  •  
  •  

The Jordan Company

November 2018

NEW YORK, November 28, 2018 – …And institutions know they now have options across direct lending that differ on risk, return, and sector exposure, as well as between private equity sponsor-backed loans versus “non-sponsored” ones, says Ken Kencel, CEO at Churchill Asset Management, a Nuveen affiliate… (Full text behind paywall)

Read Full Article »

Gnap

Lender

  • Common Stock
  • Subordinated Note
  •  

CenterOak Partners

November 2018

New York, Nov 6, 2018 – Just what that message is remains unclear. What is clear is that credit investors and investment managers face a similar dilemma, says Randy Schwimmer, senior managing director and head of origination and capital markets at Churchill Asset Management, which concentrates on lending to private-equity-sponsored middle-market companies. Like archeologists, participants in loan and credit markets are also “experts at digging for meaning among otherwise inscrutable signs”, Schwimmer says…

Read Full Article »

London, Oct 10, 2018 – Private credit is a rapidly maturing asset class, but the different strategies involved are still not all that well understood or defined. What does private credit mean? What are the risks involved for different strategies? Where are the best opportunities for investors? Randy Schwimmer shares his thoughts in KNect365’s exclusive interview…

Read Full Article »

NEW YORK, Oct 1, 2018 – Inflationary pressures and deal structures are among the other things that the former Obama administration adviser thinks could derail the long recovery. We bring you the transcript from his Q&A with Churchill’s Randy Schwimmer at the PDI New York Forum…

Read Full Article »

Churchill Asset Management
Location
375 Park Avenue, 9th Floor
New York, NY 10152
Phone
(212) 478-9200
Email
info@churchillam.com

Subscribe to our premier middle market newsletter: Subscribe

Copyright © 2025 Churchill Asset Management LLC. All Rights Reserved. | Privacy Notices

The material is for informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service to which this information may relate. Certain products and services may not be available to all entities or persons. Past performance does not guarantee future results. Please note investments in middle market loans are subject to various risk factors, including credit risk, liquidity risk and interest rate risk. Churchill Asset Management LLC is a majority-owned subsidiary and member of the TIAA group of companies.