NEW YORK, Jan 2, 2019 – Churchill Asset Management has provided a $143 million credit facility to back Convey Health Solutions Inc‘s acquisitions of two Chicago-based companies: HealthScape Advisors and Pareto Intelligence…
New York, NY, January 2, 2019 – Churchill Asset Management (“Churchill”) today announced that it served as Sole Lead Arranger for a $143 million senior secured credit facility to support the acquisitions of HealthScape Advisors and Pareto Intelligence by Convey Health Solutions, Inc. (“Convey”). A portfolio company of New Mountain Capital…
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…
Co-Lead Arranger
December 2018
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…
New York, NY, December 3, 2018 – Churchill Asset Management LLC (“Churchill”) today announced that it served as Joint Lead
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)
New York, NY, November 19, 2018 – Churchill Asset Management (“Churchill”) today announced that it served as Sole Lead Arranger for an $87.8 million senior secured credit facility to support Wynnchurch Capital’s acquisition of Midland Metal Manufacturing (“Midland”) and the company’s combination with Anderson Metals (“Anderson”). Anderson has been a portfolio company of Wynnchurch Capital since January 2018.
