Churchill is one of the largest and most experienced private debt managers in the U.S., ranking #2 most active U.S. Buyouts Lender for 2025 by PitchBook1.”
Mathew Linett
Head of Senior Lending
Investment criteria
Senior lending
Company size (EBITDA)
$10 - $100 mm
Target position size
$50 - $500 mm
Target markets
- Traditional middle market
- Upper middle market club
Capabilities
- 1st lien
- Unitranche
- Revolving credit
- DDTL
Insight
Industry expertise
From our experience in investing through various cycles, we have deep expertise across a broad range of industries. We focus on issuers with strong market positions, differentiated value propositions and sustainable competitive advantages.
Recent transactions
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Vesta Foodservice
Vesta Foodservice
Co-Lead Arranger
- Unitranche Credit Facility
Olympus Partners
April 2026
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CallTower
CallTower
Co-Lead Arranger
- Unitranche Credit Facility
Court Square Capital Partners
April 2026
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PrecisionX
PrecisionX
Lead Left Arranger
- Senior Secured Credit Facility
Windjammer Capital Investors
March 2026
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News & Press
Randy Schwimmer joins Bloomberg “The Close”
New York, July 6, 2026 – Chief Investment Strategist Randy Schwimmer joins Bloomberg TV to discuss deal sourcing in the U.S. core middle market and partnering with leading private equity sponsors to grow resilient portfolios against macro headlines.
In Conversation with Julie Segal: Churchill’s Ken Kencel on Private Credit’s Second Act
New York, July 2, 2026 – Churchill Asset Management CEO Ken Kencel describes that recent redemption pressures say less about private credit itself, but rather that investors and managers are still adjusting to the realities of an illiquid asset class. As he puts it, private credit isn’t “semi-liquid.” It’s fundamentally illiquid, and products need to reflect that.
Ken Kencel on Bloomberg TV Live from SuperReturn International
New York, June 10, 2026 – Churchill Asset Management CEO Ken Kencel described the current private credit landscape as a “platinum period,” where market disruptions — including retail redemptions and overexposure to software loans — are creating fresh opportunities for traditional middle market lenders…