Finding the Best Managers, CLOs and Direct Lenders
NEW YORK, Mar 29, 2019 – Churchill Middle Market Senior Loan Fund has been nominated as Best US Direct Lending Fund at Creditflux’s Manager Awards…
Junior Capital
Shadow Banking Tops Lending Activity in Private Equity
NEW YORK, March 20, 2019 – Churchill Asset Management was featured on the most active lenders for U.S. buyouts and private-equity owned companies, according to PitchBook…
Investors Are Piling Into Loans That Banks Have Avoided Since the Crash
NEW YORK, December 17, 2018 – …Churchill’s CEO, Ken Kencel, steers clear of pockets of the market where discipline is slipping. He lends to mid-size U.S. firms where loans are senior-secured, meaning he’s first in line for payouts if the firm defaults. He lends to borrowers with strong cash flow, plenty of equity and junior debt that serve as buffers if the firm hits a bump. He’ll average an all-in yield of 7 percent to 7.5 percent…
Churchill Asset Management Expands Finance and Operations Team
New York, December 5, 2018 – Churchill Asset Management (“Churchill”), a majority-owned affiliate of Nuveen focused on originating, underwriting and managing middle market senior loan investments, announced today that Marissa Short and Robert Lin have joined the firm as members of Churchill’s finance and operations team, which is led by Shai Vichness, Senior Managing Director and Chief Financial Officer. The appointments are effective immediately…
Is Your Direct Lending Portfolio Safe?
NEW YORK, November 28, 2018 – …And institutions know they now have options across direct lending that differ on risk, return, and sector exposure, as well as between private equity sponsor-backed loans versus “non-sponsored” ones, says Ken Kencel, CEO at Churchill Asset Management, a Nuveen affiliate… (Full text behind paywall)
