Junior Capital
Portfolio Strategy Credit: Reading the Cycle
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…
Defining the Taxonomy of Private Credit: The Strategies and Risks
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…
Rattner: “I Worry about a Trade War”
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…
A Goldilocks Moment for Private Credit
New York, September 3, 2018 – Even at this stage in the cycle, industry experts say conditions in the US private debt market are just right for LPs seeking to fill that sweet spot in their portfolio…
Churchill Asset Management Adds Senior Origination Professionals
New York, August 1, 2018 — Churchill Asset Management LLC (“Churchill”), a majority-owned affiliate of Nuveen focused on originating, underwriting and managing middle market senior loan investments, announced today that Amit Bhatia, Jeff Rabaut and Tarek Srouji have joined the firm as Principals and members of Churchill’s Sponsor Coverage team. The appointments are effective immediately and all will report to Randy Schwimmer, Senior Managing Director and Head of Origination and Capital Markets…
Why CLOs are On the Rise
New York, July 11, 2018 – Diversification, friendlier regulations and high barriers to entry are among the reasons these securitised products are becoming a bigger part of the private debt universe. View this short presentation to find out more…
BDCs Turn to CLO Financing as Effective Alternative to Bilateral Leverage Agreements
London, July 5, 2018 – The traditional source and structure of BDC leverage has evolved over time. Today, in addition to bilateral financing (corporate revolvers, asset-based facilities, etc), CLO structures can serve as an attractive source of long-term, attractively priced leverage, especially for BDCs anchored in diverse portfolios of senior secured middle-market loans, says David Heilbrunn, senior managing director and head of product development and capital raising at Churchill…
Sizing Up the Middle
London, July 1, 2018 – CLOs offer attractive alternatives for investors looking to gain exposure to
mid-market debt. David Heilbrunn, Churchill Asset Management’s head of product development and capital raising, and Shai Vichness, the company’s chief financial officer, give us their insights…