Churchill is one of the largest and most experienced private debt managers in the U.S., ranking #1 most active U.S. Buyouts Lender for 2024 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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MFG Chemical
MFG Chemical
Co-Lead Arranger
- Unitranche Credit Facility
Windjammer Capital Investors
December 2025
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Marshall and Stevens
Marshall and Stevens
Co-Lead Arranger
- Senior Secured Credit Facility
Coalesce Capital
December 2025
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USA Industries
USA Industries
Sole Lead Arranger
- First Lien Credit Facility
Levine Leichtman Capital Partners
December 2025
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Enviromatic Systems
Enviromatic Systems
Lead Left Arranger
- Senior Secured Credit Facility
Wind Point Partners
December 2025
News & Press
Churchill Asset Management Celebrates 20th Anniversary, Reports Record Investment Activity and Capital Raising in 2025
New York, NY, January 26, 2026 – Churchill Asset Management LLC, an investment-specialist of Nuveen, announced record investment and capital raising activity in 2025, as the firm enters its 20th anniversary year. Founded in 2006, Churchill is a market-leading middle market private capital platform with a proven track record of disciplined investing across economic cycles.
Ken Kencel on Bloomberg TV’s “The Close”
New York, January 21, 2026 – CEO Ken Kencel discusses Churchill’s $16 billion senior lending fundraise and private credit market expectations for 2026.
Churchill Asset Management Raises over $16 Billion for Senior Lending Program
New York, NY, January 21, 2026 – Churchill Asset Management LLC, the U.S. private capital affiliate of Nuveen Private Capital, announced today that it has raised over $16 billion in committed capital for its most recent senior lending program, representing the firm’s largest capital raise to date.