Private Equity Fund Commitments
For over two decades, Churchill has built a differentiated primaries platform by being a meaningful LP who supports our GPs through multiple vintages. This drives deep relationships and leads to further collaboration with our GPs on direct deal flow throughout senior lending, junior capital, equity co-investment, and secondaries.
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committed capital
1 Defined as GPs in the 2022 vintage with at least one fund that measures top quartile on a MOIC or IRR basis using the State Street US Buyout index for the relevant vintage. Past performance is no guarantee of future results.
We really view our LP commitments through a partnership lens. We invest as a significant limited partner and often serve as an advisory board member offering our GPs our full suite of firmwide value added capabilities up and down the balance sheet.”
Anne Philpott, CFA
Head of Private Equity Fund Investments
Investment criteria
PE Fund Investments
Target fund size
$500 mm - $2.5 bn+
Underlying portfolio company size (EBITDA)
$10 - $100 mm
Commitment size
$30 - $60 mm
Churchill’s select private equity fund relationships
Churchill has committed $11+ billion in middle market private equity funds driving improved access to deal flow
Primary strategy
Diversified
Industry specialist
Operationally focused
Sourcing specialists
Small-cap/LMM focus
News & Press
Randy on Bloomberg TV’s “The Close” with Romaine Bostick
New York, July 7, 2025 – Randy Schwimmer – Vice Chairman, Investor Solutions Group – joined Bloomberg TV’s “The Close” to discuss findings from Churchill’s mid-year private equity survey and the opportunity in the traditional middle market today.
Bloomberg Surveillance: Renewed confidence in private equity and optimism in deal flow
New York, June 26, 2025 – Randy Schwimmer, Vice Chairman and co-head of Senior Lending at Churchill Asset Management, discusses renewed confidence in private equity and whether there’s rising risks in private credit…
Nuveen Private Capital Named 2025 “Institutional Direct Lender Firm of the Year” in the 16th Annual International M&A Awards
New York, NY, June 26, 2025 – Nuveen Private Capital, which is comprised of U.S. and European asset managers Churchill Asset Management and Arcmont Asset Management, today announced it has been named 2025 “Institutional Direct Lender Firm of the Year” in the 16th Annual International M&A Awards. The team will be honored at a black-tie gala on Tuesday, September 16th in New York City.