2018 Annual US PE Middle Market Report
NEW YORK, Jan 23, 2019 – Churchill Asset Management ranked as one of the top six most active middle market lenders in 2018 by PitchBook…
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2018 US Middle Market Leveraged Loans League Table Report
NEW YORK, Jan 22, 2019 – Churchill Asset Management ranked as one of the top three most active middle market buyout leveraged loans bookrunners in 2018 by Debtwire…
Churchill Preps Two More CLOs as it Looks to Repeat 2018 Fundraises – Exclusive
NEW YORK, Jan 17, 2019 – Coming off a recording-breaking fundraising year in 2018, Churchill Asset Management is already blitzing back into market with multiple vehicles…
Churchill Raises $2.4bn in 2018
NEW YORK, Jan 10, 2019 – Churchill Asset Management set firm fundraising records last year, boosting the firm’s total committed capital to more than $6 billion, while also deploying the most capital in its history…
Churchill Reports Record Investment and Fundraising Activity in 2018
NEW YORK, Jan 8, 2019 – Churchill Asset Management (Churchill), a majority-owned affiliate of Nuveen focussed on originating, underwriting and managing middle market senior loan investments, surpassed its previous records for investment activity and capital raising in 2018…
Churchill Supports Sentinel’s Acquisition of Pet Supplies Plus
NEW YORK, Jan 3, 2019 – Churchill Asset Management has provided a credit facility to back Sentinel Capital Partners‘ acquisition of Pet Supplies Plus. No financial terms were disclosed. Based in Livonia, Michigan, Pet Supplies Plus is a franchisor and operator of pet-specialty stores. Churchill was the joint lead arranger on the financing…
Churchill Supports Convey’s Acquisitions of HealthScape and Pareto
NEW YORK, Jan 2, 2019 – Churchill Asset Management has provided a $143 million credit facility to back Convey Health Solutions Inc‘s acquisitions of two Chicago-based companies: HealthScape Advisors and Pareto Intelligence…
Investors Are Piling Into Loans That Banks Have Avoided Since the Crash
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…
Is Your Direct Lending Portfolio Safe?
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)