Private lending strong, high yield struggling
NEW YORK, July 18, 2022 – Private lending to middle-market PE firms and companies, during this time of instability in other loan markets, is still experiencing robust business, says Randy Schwimmer…
Thought Leadership
Alts managers plunge into ESG transformation
NEW YORK, June 20, 2022 – “Churchill uses a proprietary ESG rating template it created in partnership with a Nuveen ESG ratings tool, which provides an ESG assessment for private companies, both risks and opportunities,” according to Christopher Cox, senior managing director & chief risk officer at Churchill Asset Management…
Q&A: Churchill expects private debt to shine amid rate hikes, volatility
NEW YORK, May 16, 2022 – “We were expecting 2022 to be a year that was calmer than 2021. We thought the market had priced in rate hikes for the expectation that the Fed funds rate will rise to about 3% by the end of 2022.” said Churchill’s Randy Schwimmer…
Private credit boomed amid low yields — and now it’s set to flourish
NEW YORK, May 11, 2022 – “There was a time when private debt sounded more exotic to institutional investors, but now, it’s a standard part of the conversation,” according to Randy Schwimmer, senior managing director at Churchill Asset Management…
Private debt attractive amid public asset volatility, increased inflation and rising interest rates
NEW YORK, April 21, 2022 – “Even with the strong deal flow we’ve seen this year, there’s been an excellent supply/demand dynamic,” said Churchill’s Randy Schwimmer. “Deal terms remain well-balanced between being issuer- and investor-friendly.”…
Churchill’s Randy Schwimmer: Supply chain disruptions are a “daily battle, but sponsors now have the playbook”
NEW YORK, January 24, 2022 – “The hottest industries – tech, software, healthcare, and business services – also have the best credit outcomes across cycles, “Churchill’s Schwimmer said…
Q&A: Churchill’s Strife Discusses Secondaries, Co-Investments and Partnering with Ardian
NEW YORK, October 12, 2021 –Churchill Asset Management announced recently a significant investment into its private equity platform with the closing of Churchill Secondaries Partners LP and Churchill Co-Investment Partners LP, totaling approximately $1.5 billion of committed capital…
Ken Kencel and Bennett Goodman discuss the attractiveness of private credit and alternative investments at the fourth annual Greenwich Economic Forum
Greenwich, September 23, 2021 – “alternative investments” have become increasingly attractive, as has a general move away from public credit toward private credit, according to fellow panelist Ken Kencel, president and CEO of Churchill Asset Management.
Private Equity Firms Are Cutting Out Banks and Funding LBOs Themselves
NEW YORK, August 11, 2021 – More and more, private equity firms looking to finance big leveraged buyouts are cutting out the Wall Street banks, and borrowing money from each other or from direct lenders…