Nuveen Private Capital Strengthens U.S. Business Development Team with Two Senior Hires

Marc Gonyea and Chris Davis bring approximately 45 years of collective experience partnering with institutional investors

New York, May 21, 2024 – Arcmont Asset Management and Churchill Asset Management, the U.S. and European asset management companies of Nuveen Private Capital, today announced the continued expansion of their U.S. client coverage capabilities with the appointment of Marc Gonyea and Chris Davis as Managing Directors. Mr. Gonyea and Mr. Davis will be exclusively focused on partnering with institutional investors in the U.S. Midwest and West Coast, respectively, and developing tailored private credit solutions to meet their needs.

Mr. Gonyea, who will be based in Churchill’s New York headquarters, brings 25 years of business development experience to the role and previously worked at Alcentra, Benefit Street Partners, and Blackstone. Mr. Davis, who will be based in San Francisco, brings nearly two decades of expertise, having held leadership positions on the fundraising teams at Barings and Allianz Global Investors. His appointment strengthens Nuveen Private Capital’s presence in California, following the opening of Churchill’s Los Angeles office in 2022. Both will report to and work closely with Chris Freeze and David Burnside, Co-Heads of Nuveen Private Capital Business Development.

“Marc and Chris are two highly experienced professionals who will further enhance Nuveen Private Capital’s ability to provide leading U.S. and European private credit solutions to our growing U.S. investor base,” said Mr. Freeze. “They will be instrumental in helping U.S. Midwest and West Coast investors access Churchill and Arcmont’s differentiated credit strategies and time-tested investment track records.”

Nuveen Private Capital was formed in March 2023 following Nuveen’s majority acquisition of Arcmont, which in combination with Churchill, has created a $74 billion private capital platform and one of the world’s largest private credit managers. Collectively, Arcmont and Churchill deployed over $15 billion in support of European and U.S. private equity firms and their portfolio companies in 2023.

About Churchill Asset Management LLC

Churchill, an investment-specialist affiliate of Nuveen (the asset manager of TIAA), provides customized financing solutions to middle market private equity firms and their portfolio companies across the capital structure. With over $50 billion of committed capital, we provide first lien, unitranche, second lien and mezzanine debt, in addition to equity co-investments, secondary solutions and private equity fund commitments. Churchill has a long history of disciplined investing across multiple economic cycles and our unique origination strategy, execution and investment are driven by more than 160 professionals in New York, Charlotte, Chicago, Dallas and Los Angeles. To learn more about Churchill, visit

About Arcmont Asset Management

Arcmont Asset Management, an investment-affiliate of Nuveen, the investment manager of TIAA, is a private debt asset management firm providing flexible capital solutions to a wide range of businesses in Europe. Established in 2011, Arcmont has raised approximately €29 ($32) billion in assets to date from institutional investors globally and has committed over €27 ($29) billion across more than 380 transactions. With a highly experienced investment team, a proven investment track record and deep technical expertise, Arcmont offers creative and flexible capital solutions to European businesses, with the reliability of a partner that values long term relationships. To learn more about Arcmont, visit

About Nuveen

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.2 trillion in assets under management as of 31 Mar 2024 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit


This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities, and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Financial professionals should independently evaluate the risks associated with products or services and exercise independent judgment with respect to their clients. Churchill Asset Management is a registered investment advisor and majority-owned, indirect subsidiary of Teachers Insurance and Annuity Association of America.

Certain Nuveen products are advised by Nuveen Alternatives Advisors LLC, a registered investment advisor and wholly owned subsidiary of TIAA, and distributed by Nuveen Securities, LLC, Member FINRA and SIPC.


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