Churchill Raises $350 mln for New Mid-market CLO
NEW YORK, December 13, 2019 – Churchill Asset Management has closed its fourth middle-market collateralized loan obligation at $350 million…
Fund Closings or Fund Announcements
Churchill Splits Double Bs for First Mid Market CLO in Two Years
New York, November 11, 2019 – Churchill Asset Management has priced its first middle market CLO since late 2017 in a transaction which underlines how lower-rated CLO debt tranches are increasingly being carved up into senior and junior pieces…
Churchill Preps Two More CLOs as it Looks to Repeat 2018 Fundraises – Exclusive
NEW YORK, Jan 17, 2019 – Coming off a recording-breaking fundraising year in 2018, Churchill Asset Management is already blitzing back into market with multiple vehicles…
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.
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.
Churchill Racks up Over $1.1 bln for Debut Mid-market Senior Loan Fund
NEW YORK, November 29, 2017 – Churchill Asset Management has raised over $1.1 billion for its inaugural middle market senior loan fund. The fund’s limited partners include pension plans, insurance companies, foundations, single and multi-family offices and high net worth investors based in North America, Europe, South America and Asia….
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”).
Churchill Closes $382.2 Million CLO, First Under Ferguson’s TIAA
NEW YORK, September 15, 2016 – Churchill Asset Management closed a $382.2 million collateralized loan obligation, the first since it was established by TIAA last year. The CLO is comprised of middle-market loans and attracted capital from a range of institutional investors, Churchill said Thursday in a statement.
Churchill Asset Management Completes $382 Million CLO
NEW YORK, September 15, 2016 – Churchill Asset Management LLC (“Churchill”), a majority-owned affiliate of TIAA Global Asset Management, today announced the closing of TIAA Churchill Middle Market CLO I Ltd., a $382.2 million middle market collateralized loan obligation (CLO).