Churchill Asset Management and Dawson Partners Complete $425 Million Structured Liquidity Solution Transaction
Churchill Asset Management LLC (“Churchill”), an investment-specialist affiliate of Nuveen focused on middle market private debt and private equity solutions, and Dawson Partners (“Dawson”), a global alternative asset manager focused on providing innovative structured solutions to the private markets, today announced the closing of a $425 million transaction.
- Churchill Asset Management LLC (“Churchill”), an investment-specialist affiliate of Nuveen focused on middle market private debt and private equity solutions, and Dawson Partners (“Dawson”), a global alternative asset manager focused on providing innovative structured solutions to the private markets, today announced the closing of a $425 million transaction.
- View the full release here: https://www.businesswire.com/news/home/20240517487243/en/
The transaction, solely financed by Dawson vehicles, served as an alternative solution to a traditional secondary sale, delivering liquidity to Churchill investors on a curated portfolio of 19 high-quality buyout fund interests. - The structure provides Dawson vehicles with downside protection and upside participation, and Churchill investors with immediate liquidity and future upside potential.
- Further, the transaction secured strategic unfunded capital to support the growth of Churchill’s middle-market GP-led secondaries and equity co-investment platforms.