Carol Loundon has been appointed deputy chief risk officer of Churchill Asset Management, an investment-specialist of Nuveen which provides customized financing solutions to private equity firms and their portfolio companies.
In this role, Loundon will assist Churchill’s chief risk officer, Christopher Cox, in the day-to-day oversight of the risk management team’s functional areas, including valuation, allocation, ESG, data management and reporting. The team comprises approximately 20 employees that support all of Churchill’s risk management activities across the firm’s growing $41 billion platform, including its senior lending, junior capital and private equity solutions strategies.
With more than 18 years of financial services experience, Loundon previously served as a managing director in Churchill’s senior lending underwriting and portfolio management group. She is one of the firm’s longest-tenured employees, having worked with Cox and other members of Churchill’s senior management team since 2007.
“Carol’s excellent track record of structuring and monitoring investments throughout various market cycles has been integral to our firm’s success, and I am delighted to welcome her to this important risk management leadership role,” Cox said. “Her experience as a respected deal team leader gives her unique insights into our investment philosophy, processes, and procedures, making her an ideal fit for this position. Congratulations to Carol on this well-deserved promotion!”
“In both benign and uncertain market environments, a strong and proactive risk management function is critical to success,” Loundon said. “Churchill’s position as one of the leading private capital firms in the country is in large part due to our disciplined investment approach and robust portfolio construction and monitoring procedures. I look forward to working closely with Chris and the team to refine our processes and continue our successful track record.”
