Nuveen Private Capital, comprised of two U.S. and European asset managers, Churchill Asset Management and Arcmont Asset Management, surpassed $100 billion in committed capital, marking a significant milestone in the platform’s growth.
Today, Nuveen Private Capital comprises a team of 400 professionals across 15 global offices. During the past year, the platform has invested $27 billion in over 400 middle market investments in support of many U.S. and European sponsors and currently serves a diverse mix of more than 6,000 investors through its range of complementary strategies.
“By preserving the established expertise that made Churchill and Arcmont leaders in their respective markets, and by investing in the acceleration of their combined growth, we’ve built a truly differentiated platform,” Bill Huffman, CEO of Nuveen and chairman of Nuveen Private Capital, said. “This milestone underscores our commitment to keeping clients at the forefront of everything we do while consistently building a stronger global platform rooted in performance and innovation.”
Ken Kencel and Anthony Fobel, co-CEOs of Nuveen Private Capital, jointly said, “Reaching this milestone reflects the trust of our investors, the strength of our transatlantic platform and the dedication of our teams to delivering excellence and long-term value globally. At $100 billion of committed capital, Nuveen Private Capital is firmly established as a leading global private capital platform and well positioned to build on this momentum, expanding our capabilities and continuing to extend our leadership in private credit and equity solutions.”
