“We typically invest as a significant limited partner and often serve as an advisory board member.”
Investment Criteria
Company Size (EBITDA)
Average Fund Commitment
Average Equity Co-investment
$10 mm - $100 mm
$20 mm - $75 mm
$10 mm - $50 mm
Disciplined Investment Focus:
We take a differentiated approach to sponsor relationships, specifically targeting those that seek value added partners and support for portfolio company financing needs. We employ a deliberate process to evaluate and underwrite fund investments, typically spanning three to eight weeks.
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Initial vetting & structuring
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Early assessment
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Full due diligence
Recent Equity Solusion Transactions
News & Press
Middle Market Sponsors Face Increased Pricing, Covenants as Covid-19 Crisis Deepens
NEW YORK, May 1, 2020 – “At the moment, new deal data is skimpy, but I expect spreads to be much wider and leverage well off from where we were in January,” said Randy Schwimmer, head of originations at Churchill Asset Management, a direct lending firm…
Four Emerging Lessons from COVID-19 for North American Private Debt
NEW YORK, April 24, 2020 – Head of Origination & Capital Markets Randy Schwimmer discusses What Lessons Are Emerging as a Result of COVID-19 in Preqin’s Special Report…
Private Credit Weighs Risks and Opportunities in Market Turmoil
NEW YORK, March 17, 2020 – Firms that don’t have fresh capital available to deploy, especially smaller, newer ones, could be especially vulnerable, said Ken Kencel, president and chief executive of midmarket private credit firm Churchill Asset Management….