Churchill Asset Management closed its second collateralized fund obligation. The $190 million CFO will invest across the flagship strategies of Churchill and Arcmont Asset Management, including U.S. senior lending, junior capital and equity co-investment.
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.
Churchill Asset Management, an investment specialist of Nuveen, was named 2023 Lender Firm of the Year by The M&A Advisor. The firm was honored at the 22nd Annual M&A Advisor Awards Gala held in New York City on Nov. 15.
Churchill Asset Management Adds Cheroo and Sadlowski as Principals on Senior Lending Origination Team
Paul Sadlowski and Pranai Cheroo joined Churchill Asset Management, an investment-specialist affiliate of Nuveen, as principals on the senior lending origination team. Both will report to Kevin Meyer, managing director and head of origination for senior lending.
AustralianSuper, Australia’s largest superannuation (pension) fund, entered into a partnership with Churchill Asset Management, with an initial instalment of $250 million, intended to grow substantially over time.
Nuveen, the investment manager of TIAA, entered into a definitive agreement to acquire a controlling interest in Arcmont Asset Management, a European private debt investment manager with $21 billion in committed capital.
Churchill Asset Management, an investment-specialist of Nuveen, raised more than $12 billion in third-party committed capital for the firm’s most recent senior lending program.
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.
Churchill Asset Management hired Kelli Marti as managing director and CLO portfolio manager. Marti previously worked for Crestline Denali Capital, Heller Financial and First Source Financial.
Private Debt Investor named Alona Gornick, a principal on the senior loan origination team with Churchill Asset Management, a “Rising Star.” Gornick joined Churchill in 2016 and became the firm’s first full-time originator since its launch as a TIAA/Nuveen affiliate in 2015.