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
Credit Due: Deposit Clamp-Down Will Boost Alternative Lenders
NEW YORK, February 5, 2015 – For some time, US regulators have been discouraging banks from making “risky loans”. Now we’re learning of their concerns about banks taking “risky deposits” as well. There’s no mention yet of any plans to clamp down on giving away free toasters.
Middle Market Lenders Fight to Wear Cargo Pants
NEW YORK, December 22, 2014 – How much direct lending capacity is in the middle market? Welcome to one of the most frequently asked (and most challenging) questions in the world of leveraged lending.
Credit Due: Keeping Pests Under Control
NEW YORK, December 4, 2014 – Cutting through Central Park on our way to a meeting recently, we encountered a worker fiddling with what looked like a centrifuge for uranium enrichment. Somewhat alarmed, we slowed our pace.