NEW YORK, May 16, 2022 – “We were expecting 2022 to be a year that was calmer than 2021. We thought the market had priced in rate hikes for the expectation that the Fed funds rate will rise to about 3% by the end of 2022.” said Churchill’s Randy Schwimmer…
NEW YORK, May 11, 2022 – “There was a time when private debt sounded more exotic to institutional investors, but now, it’s a standard part of the conversation,” according to Randy Schwimmer, senior managing director at Churchill Asset Management…
NEW YORK, April 21, 2022 – “Even with the strong deal flow we’ve seen this year, there’s been an excellent supply/demand dynamic,” said Churchill’s Randy Schwimmer. “Deal terms remain well-balanced between being issuer- and investor-friendly.”…
NEW YORK, January 24, 2022 – “The hottest industries – tech, software, healthcare, and business services – also have the best credit outcomes across cycles, “Churchill’s Schwimmer said…
Greenwich, September 23, 2021 – “alternative investments” have become increasingly attractive, as has a general move away from public credit toward private credit, according to fellow panelist Ken Kencel, president and CEO of Churchill Asset Management.
NEW YORK, August 23, 2021 – As M&A deal flow grows, another lens on how much risk investors are willing to take is visible in deal financing. Private equity’s increasing willingness to offer direct loans and hold them on their books is a focal point for higher levels of liquidity driving merger mania…
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…
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…
NEW YORK, July 29, 2021 –… “The disintermediation away from the loan syndication market to private credit, particularly for the upper end of the middle market, has been going on for a while now,” Randy Schwimmer told Mergers & Acquisitions…