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…
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…
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.
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.
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….
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”).
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.
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).
NEW YORK, August, 2016 – Churchill Asset Management has made its return to the CLO market, after pricing a $382 million middle market deal. TIAA Churchill Middle Market CLO I was arranged by Wells Fargo, and is expected to close on 15 September.