Investment Criteria
Company Size (EBITDA)
Maximum Commitment
Average Investment
$10 mm - $100 mm
Up to $150 mm
$10 mm - $75 mm
Highly Selective Investment Process:
We have stringent underwriting standards focused on relative value, strong credit statistics and a high level of portfolio diversity.
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Initial vetting & structuring
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Early assessment
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Full due diligence
Recent Junior Capital Transactions
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Caldwell & Gregory
Caldwell & Gregory
Lender
- Second Lien Term Loan
Incline Equity Partners
September 2024
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Village Green Holding
Village Green Holding
Lender
- Equity
- Subordinated Note
Center Oak Partners
September 2024
News & Press
Junior debt set for resurgence
New York, May 2, 2025 – As senior lenders become more cautious, there is an opportunity for junior capital to fill in the gaps in the market, according to Churchill Asset Management’s Jason Strife.
Churchill’s Meredith Chu McDonald Named to PEI’s Future 40 Leaders of Private Equity List
New York, NY, May 1, 2025 – Churchill Asset Management LLC (“Churchill” or the “Firm”), an investment specialist of Nuveen, announced today that Meredith Chu McDonald, Managing Director, Investor Relations, Junior Capital & Private Equity Solutions (“PEJC”), has been named to Private Equity International’s (“PEI”) annual 40 Under 40: Future Leaders of Private Equity list.
Churchill Asset Management Closes Third Collateralized Fund Obligation, a 30 year $750 Million Transaction Investing across Nuveen Private Capital Strategies
New York, NY, March 27, 2025 – Churchill Asset Management LLC, an investment-specialist of Nuveen, has closed its third collateralized fund obligation, NPC SIP 2024-1 (the “Long Duration Bond” or “LDB”). The $750 million transaction is structured as a long-duration bond and invests across the flagship strategies of Churchill and Arcmont Asset Management Limited, the operating businesses of Nuveen Private Capital (“NPC”)
1. Includes both junior and structured capital.