Churchill Asset Management and Arcmont Asset Management, the U.S. and European operating companies of Nuveen Private Capital, appointed Jamal Hammoud managing director and senior investment strategist. Hammoud will be responsible for supporting and amplifying Churchill’s and Arcmont’s (collectively, Nuveen Private Capital’s) presence and fundraising efforts in the Middle East.
Nuveen Private Capital formed in March 2023 when Nuveen acquired London-based Arcmont, which, in combination with Churchill, has created a $74 billion private capital platform.
Hammoud will be employed by Churchill, based in its New York City office, and will spend a significant amount of time on the ground in the Middle East. He will partner with distribution colleagues from Nuveen, Churchill and Arcmont to tap into the growing demand from Middle Eastern institutions for private capital solutions and will report to Christopher Freeze, Churchill’s head of investor relations.
“Private capital is emerging as a core part of institutional investors’ strategic asset allocations globally both for the potential yield it provides and risk-adjusted returns,” Freeze said. “Middle Eastern investors are seeing the value and the region is becoming an increasingly important market. We are thrilled to have Jamal join the team, as his investment expertise, client-first mentality and knowledge of local market dynamics will be very valuable as we grow our presence.”
Hammoud has more than two decades of experience. He joined Nuveen Private Capital from Credit Value Partners, where he oversaw business development and investor relations, identifying investors in the Middle East and other regions interested in opportunistic credit strategies. Before that, he held roles at Milestones Capital, Wall Street Global and Merrill Lynch.
“Churchill’s and Arcmont’s scaled platforms, with time-tested track records and differentiated deal sourcing, provide a variety of unique investment opportunities across the capital structure to institutions looking to access the U.S. and European middle markets,” Hammoud said. “I look forward to strengthening our partnerships with Middle Eastern institutions and working together to help them achieve their investment objectives.”
