Churchill
Churchill, an investment-specialist affiliate of Nuveen (the asset manager of TIAA), provides customized financing solutions to middle market private equity firms and their portfolio companies across the capital structure. With $46 billion of committed capital, we provide first lien, unitranche, second lien and mezzanine debt, in addition to equity co-investments, secondary solutions and private equity fund commitments. Churchill has a long history of disciplined investing across multiple economic cycles and our unique origination strategy, best in class execution and investment are driven by more than 150 professionals in New York, Charlotte, Chicago, Dallas and Los Angeles.
In the news
Randy Schwimmer on What Cracks the Debt Ceiling Deadlock
New York, May 9, 2023 – Randy Schwimmer, Co-Head of Senior Lending at Churchill Asset Management, joined the Bloomberg Markets Americas segment hosted by Alix Steel and Guy Johnson to discuss the potential implications of factors such as the potential end of rate hikes, bank failures, and recession fears on the private credit outlook…
Insights
White paper
Private credit & private equity: Decision drivers for today’s markets
The private capital industry has seen a surge in popularity among investors seeking stability in the face of public market volatility, recession fears, and banking sector turmoil. Private capital not only provides the potential for attractive income and returns but also serves as a less correlated portfolio diversifier, generally with lower mark-to-market volatility than the public markets. In today’s economic climate, many investors are prioritizing scaled, conservative managers with proven track records and…
Events
Featured transactions
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Rhino Tool House
Lead Left Arranger
- Senior Secured Credit Facility
Blue Sea Capital
April 2023
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Health Management Associates
Co-Lead Arranger
- Senior Secured Credit Facility
Beecken Petty O'Keefe & Co.
March 2023
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Harvest Hill
Lender
- Second Lien Term Loan
Brynwood Partners
March 2023
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Prototek
Investor
- Structured Capital
TruArc Partners
March 2023
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CollisionRight
Lender
- Subordinated Note
CenterOak Partners
March 2023
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Mosaic Dental
Lender
- Equity
- Subordinated Note
Audax Management Company
February 2023
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Apex Companies
Lender
- Equity
- Subordinated Note
Morgan Stanley Capital Partners
January 2023
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Legacy Services Partners
Lead Left Arranger
- Senior Secured Credit Facility
Gridiron Capital
January 2023
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Hasa
Lender
- Equity
- Second Lien Term Loan
Wind Point Investors
January 2023
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Ergothech
Lead Left Arranger
- Senior Secured Credit Facility
CIVC Partners
January 2023
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Propark
Lead Left Arranger
- Senior Secured Credit Facility
ABRY Partners
January 2023
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Gannett Fleming
Co-Lead Arranger
- Senior Secured Credit Facility
OceanSound Partners
December 2022
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Diversified
Investor
- Structured Capital
Tailwind Capital Partners
December 2022
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DISA
Lender
- Second Lien Term Loan
Audax
December 2022
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Kenco
Lead Left Arranger
- Senior Secured Credit Facility
Pritzker Private Capital
November 2022
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Fairway Lawns
Lender
- Subordinated Note
Morgan Stanley Capital Partners
December 2022
All numbers are as of January 1, 2023. *The amount of ‘private capital invested’ shown above includes investments made, originated or committed to by Churchill Asset Management LLC and its affiliates, including TIAA, since 2011 (in respect of its Private Equity and Junior Capital platform) and since 2015 (in respect of its Senior Lending platform). Investments include committed investments that ultimately may not have been fully drawn or funded.
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2023 U.S.A. Lender of the Year
Global M&A Network
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#2 Direct Lender in Q1 2023
Direct Lending Deals
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#3 Junior Lender of the Year (Americas)
Private Debt Investor
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#3 Senior Lender of the Year (Americas)
Private Debt Investor
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#1 Most Active
U.S. Buyouts Lender in 2022PitchBook
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#2 Most Active U.S.
PE Middle Market Lender in 2022PitchBook
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#2 Most Active U.S.
PE Senior Lender in 2022PitchBook
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#2 Secondary Deal of the Year (Americas)
Private Equity International
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2022 Lender Firm of the Year
The M&A Advisor
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2022 Americas Lender of the Year
Global M&A Network
