Churchill Asset Management

We were pleased to be named the Private Markets Manager of the Year at the LAPF Investments Awards last week. Decided by a judging panel of U.K. pension funds, this recognition is awarded for exemplary investment performance, client service, stewardship, risk management and innovation. Receiving this award for a second time speaks to the continued strength and scale of our middle market private capital platform and underscores our commitment to serving the needs of the Local Government Pension Scheme and our investors more broadly. Thank you to our many partners and terrific team, whose ongoing support made this win possible. Learn more about the honor here: https://lnkd.in/emJU8XEn 

How do GP-led Collateralized Fund Obligations (CFOs) compare to LP-led CFOs? Vice President, Investor Relations Samantha Rapaport addressed this question on a panel at Women in Fund Finance’s networking event in Charlotte, North Carolina. The conversation included an educational overview of rated funds, along with a discussion on how they can be used for fundraising, structuring, financing and more. Sam highlighted the growth potential of collateralized fund obligations as an investment opportunity and the importance of developing these structures for insurers and other investors focused on investment grade rated debt. 

By applying a rigorous investment approach grounded in selectivity, portfolio diversification and a focus on recession-resistant businesses, we’ve established a strong track record of success that spans several market cycles. Hear more from President & CEO Ken Kencel on the key to our success below ⬇️  

The initial growth of private capital was institutional. With Bain estimating the global alternatives assets under management for private wealth investors will expand at a 10 to 12% CAGR by 2032, we can expect that the democratization of alternatives will be a core component of the asset class's future. As retail investors increasingly seek investment opportunities in private credit, large-scale managers will look for ways to differentiate themselves and tap into this growing market.     ► CEO Ken Kencel shared more of his outlook for the asset class with CNBC Pro. Subscribers can read more here: https://lnkd.in/ep-PSibV

Our team will be on the ground at SuperReturn’s 2024 SuperInvestor Conference in Monte Carlo, where we look forward to hearing insights from key decision-makers and connecting with leading LPs and GPs. Our Head of Secondaries Nicholas Lawler will take the stage at the Secondaries Summit to address his outlook for the mid-market, and why he believes it to be one of the most – if not the most – undercapitalized areas in alternatives right now. To arrange a meeting and learn more about our leading private capital platform, please reach out to investor.relations@chuchillam.com. We hope to see you there! 

We had an exciting and productive few days at our 2024 company offsite! Employees from across our U.S. offices, along with our partners at Arcmont Asset Management, joined us to connect, collaborate and hear key business updates from our firm leadership. Sessions ranged from “Ask Anything” panels with our Executive and Operating Committees to asset class deep dives led by members of our investment teams. We made the most of our time, enjoying team-building activities and firmwide dinners together. During his “State of the Union” address, CEO Ken Kencel highlighted the progress we’ve made toward our goals and outlined the strategic priorities that will shape our path forward. As we continue to drive performance for our partners, we’re focused on expanding our offerings, strengthening our partnerships and unlocking new opportunities in private wealth. Thanks to all who attended and contributed to making this event so great! 

Our strong committed capital base allows us to offer flexible, innovative financing solutions across the capital structure. Hear more from President & CEO Ken Kencel below ⬇️  

In our efforts to democratize access to private markets with Arcmont Asset Management, we’re delighted to welcome Moshe Bajnon, CAIA to the Nuveen Private Capital team as Senior Managing Director & Global Head of Private Wealth. In this new role, Moshe will be responsible for leading the growth of our private wealth platform and in close partnership with Nuveen, a TIAA company, deepening relationships with wealth platforms, broker dealers and registered investment advisors. Leveraging two decades of experience, Moshe will identify new products and opportunities to deliver our investment strategies to private wealth investors globally.   ► Learn more about our plans to capitalize on the opportunity in private wealth here: https://lnkd.in/etA6izSt

What do rate cuts mean for private credit? Our CEO Ken Kencel joined Lisa Abramowicz on Bloomberg News’ Money Undercover last week to discuss how interest rate stabilization is leading to increased dealmaking and M&A activity. ► Watch the full interview for Ken's perspective on what it takes to source high-quality deals in today’s market, how much consolidation is happening and why banks are increasingly looking to partner with private credit managers: https://lnkd.in/eEjQ_raS

Our team is on the ground this week at the seventh annual Greenwich Economic Forum. The event has been packed with opportunities to connect with leading LPs and GPs, tapping into discourse surrounding opportunity in private markets, industry news and more. Vice Chairman, Investor Solutions Randy Schwimmer helped chair the event, serving as an emcee for onstage programming.    To kick off the conference, CEO Ken Kencel weighed in on current happenings in private credit during an interview with Bloomberg News’ Romaine Bostick, CFA. As private credit continues to serve as an essential source of financing to the middle market, Ken shared his expectation that the widening private equity dry powder gap will continue to stimulate demand. Given that we’re also seeing increased deal activity as rates stabilize – and tremendous quarter-over-quarter growth – all signs indicate that 2025 will be very active.    We had a fantastic time hosting Monday night’s VIP salon dinner, which brought a variety of the conference’s top minds together to engage in thoughtful dialogue and exchange new perspectives.    Thanks to everyone who connected with our team already!   #GreenwichEconomicForum