Churchill Asset Management completed fundraising for Churchill Middle Market Senior Loan Fund II with $2 billion in limited partner commitments, exceeding its original target of $1 billion.
One of Palladium Equity Partners’ affiliated private equity funds has acquired ALC Schools and Red Rock Technology, a mission-driven provider of alternative transportation solutions to school districts in the U.S. from affiliates of American Logistics.
Churchill Asset Management served as joint lead arranger and joint bookrunner on a $185 million senior secured credit facility. The funds were used to support Stone Point Capital’s acquisition of Eliassen Group.
Churchill Asset Management named Leland Richards managing director. Richards was previously with GE Capital where he served as a managing director of GE Sponsor Coverage.