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.
Nuveen, the investment manager of TIAA, completed its acquisition of a controlling interest in Arcmont Asset Management, a European private debt investment manager.
TIAA entered into a definitive agreement to sell TIAA Bank to new investors with experience in financial services, including Stone Point Capital, Warburg Pincus, Reverence Capital Partners, Sixth Street and Bayview Asset Management.
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 affiliate of Nuveen, hired Christopher Freeze as senior managing director and head of investor relations. Freeze spent more than nine years at the Carlyle group previously.