Churchill Asset Management, an investment-specialist of Nuveen that provides customized financing solutions to private equity firms and their portfolio companies, announced the closing of its inaugural collateralized fund obligation.
The $700 million collateralized fund obligation will invest across Churchill’s flagship private capital fund strategies – senior lending, junior capital, equity co-investment and private equity fund commitments.
Churchill, an investment-specialist affiliate of Nuveen, provides customized financing solutions to middle market private equity firms and portfolio companies across the capital structure. With $38bn of committed capital, they provide first lien, unitranche, second lien and mezzanine debt, in addition to equity co-investments and private equity fund commitments.
Read more: Yahoo Finance
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