Churchill Raises $2.4bn in 2018
NEW YORK, Jan 10, 2019 – Churchill Asset Management set firm fundraising records last year, boosting the firm’s total committed capital to more than $6 billion, while also deploying the most capital in its history…
Senior Lending
Churchill Reports Record Investment and Fundraising Activity in 2018
NEW YORK, Jan 8, 2019 – Churchill Asset Management (Churchill), a majority-owned affiliate of Nuveen focussed on originating, underwriting and managing middle market senior loan investments, surpassed its previous records for investment activity and capital raising in 2018…
Churchill Achieves Record Investment and Fundraising Activity in 2018, with $2.6 Billion in New Investments and $2.4 Billion in New Capital Raised
New York, January 7, 2020 – Churchill Asset Management LLC (“Churchill”), a majority-owned affiliate of Nuveen focused on originating, underwriting and managing middle market senior loan investments, announced that it has surpassed its previous records for investment activity and capital raising, both reaching the highest annual totals in the firm’s history…
Churchill Serves as Joint Lead Arranger for a Senior Secured Facility Supporting Sentinel Capital Partners’ Acquisition of Pet Supplies Plus
New York, NY, January 3, 2019 – Churchill Asset Management (“Churchill”) today announced that it served as Joint Lead Arranger for a senior secured credit facility to support the acquisition of Pet Supplies Plus (“PSP”) by Sentinel Capital Partners.
Churchill Supports Sentinel’s Acquisition of Pet Supplies Plus
NEW YORK, Jan 3, 2019 – Churchill Asset Management has provided a credit facility to back Sentinel Capital Partners‘ acquisition of Pet Supplies Plus. No financial terms were disclosed. Based in Livonia, Michigan, Pet Supplies Plus is a franchisor and operator of pet-specialty stores. Churchill was the joint lead arranger on the financing…
Churchill Supports Convey’s Acquisitions of HealthScape and Pareto
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…
Churchill Serves as Sole Lead Arranger for a $143 Million Senior Secured Credit Facility Supporting Two Add-On Acquisitions for Convey Health Solutions, Inc., a Portfolio Company of New Mountain Capital
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…
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…
Pet Supplies Plus
Pet Supplies Plus
Co-Lead Arranger
- Senior Secured Credit Facility
Sentinel
December 2018