Press Releases

Churchill Serves as Lead Arranger to Support Add-on Acquisition for Kramer Laboratories Inc., a Portfolio Company of Avista Capital Partners

New York, July 9, 2018 — Churchill Asset Management (“Churchill”) today announced that it served as Lead Arranger for a senior secured credit facility to support Kramer Laboratories’ (“Kramer”) acquisition of Nizoral. Kramer is a portfolio company of Avista Capital Partners. 

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Churchill Asset Management Successfully Closes $300 Million CLO Fund

New York, May 2, 2018 — Churchill Asset Management LLC (“Churchill”), a leading provider of senior and unitranche debt financing to middle market companies, closed a $300 million leveraged loan fund, Churchill Middle Market CLO IV Ltd. (the “Fund”). The seven-year Fund is comprised of: a $200 million AA DBRS-rated senior revolving credit facility; $55 million of “A”-, “BBB”- and “BB”-rated mezzanine notes; and, $45 million of un-rated Subordinated notes. Natixis Securities Americas LLC (“Natixis”) serves as the Fund’s Administrative Agent and Arranger of the transaction.

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Churchill Completes Record Year of Capital Raising and Investment Activity in 2017

NEW YORK, February 6, 2018 — Churchill Asset Management LLC (“Churchill”), a provider of senior and unitranche debt financing to middle market companies, completed significant capital raising and investment activity in 2017, closing or committing to 51 new investments totaling approximately $1.9 billion, a record for the firm, and ending the year with total committed capital under management of $4.4 billion across multiple investment vehicles.

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Churchill Asset Management Completes Second Middle Market CLO Offering at $340 Million

New York, December 6, 2017 — Churchill Asset Management LLC (“Churchill”), a leading provider of senior and unitranche debt financing to middle market companies, today announced the closing of its second structured debt investment offering, a $340 million collateralized loan obligation fund (“CLO”) named TIAA Churchill Middle Market CLO II Ltd.

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Churchill Asset Management Completes Fundraising for Inaugural Middle Market Senior Loan Fund as Part of Nuveen With Over $1.1 Billion in Committed Capital

New York, November 29, 2017— Churchill Asset Management LLC (“Churchill”), a provider of senior and unitranche debt financing to private equity-owned middle market companies, has completed fundraising for Churchill Middle Market Senior Loan Fund, LP (and related investment vehicles), its inaugural fund as part of Nuveen with over $1.1 billion in committed capital (the “Fund”).

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