Co-investment
Private Equity Firms Are Cutting Out Banks and Funding LBOs Themselves
NEW YORK, August 11, 2021 – More and more, private equity firms looking to finance big leveraged buyouts are cutting out the Wall Street banks, and borrowing money from each other or from direct lenders…
Ares Racks Up $20B as Direct Lending Funds Soar
NEW YORK, August 4, 2021 – The busy fundraising pace is likely to hold throughout the year and into next year, said Ken Kencel, president and CEO at Nuveen’s Churchill Asset Management affiliate, which so far in 2021 has already surpassed its 2020 fundraising total of $6.4 billion…
Wittichen
Wittichen
Lender & Investor
- Equity
- Second Lien Term Loan
Gryphon Heritage Partners
July 2021
Churchill’s Private Equity & Junior Capital team completes direct investment alongside Mountaingate Capital in The Mars Agency
Charlotte, NC, June 28, 2021 – Churchill Asset Management today announced a direct investment in The Mars Agency in support of Mountaingate Capital…
Solve Industrial
Solve Industrial
Lender & Investor
- Equity
- Subordinated Note
Audax Private Equity Fund
June 2021
CLO Market Shows No Signs of Abatement
NEW YORK, June 20, 2021 –”Investors are eager to buy CLO debt, which is driving down liability spreads, which helps the arbitrage for CLO managers,” Kelli Marti, managing director and CLO portfolio manager at Churchill Asset Management LLC, told The Deal…
Churchill’s Private Equity & Junior Capital team completes direct investment alongside Morgan Stanley Capital Partners in Nivel Parts & Manufacturing
Charlotte, NC, June 10, 2021 – Churchill today announced a direct investment in Nivel Parts & Manufacturing in support of Morgan Stanley Capital Partners. Nivel is a leading aftermarket parts distributor serving the personal transportation vehicle, utility terrain vehicle and heavy-duty segments…