Winston Churchill

Nautic Partners Announces Acquisition of SurfacePrep in Partnership With Management

Retrieved on: 
Friday, February 23, 2024
Professional Services, Other Natural Resources, Manufacturing, Finance, Natural Resources, Other Manufacturing, Acquisition, Multimedia, Partnership, Nautic Partners, Growth, MRO, Winston Churchill, McDermott Will & Emery, KeyBank, Gibson Dunn, Partner, Antares

Nautic Partners, LLC (“Nautic”) is pleased to announce that it has completed the acquisition of SurfacePrep, in partnership with management.

Key Points: 
  • Nautic Partners, LLC (“Nautic”) is pleased to announce that it has completed the acquisition of SurfacePrep, in partnership with management.
  • View the full release here: https://www.businesswire.com/news/home/20240223373826/en/
    Headquartered in Grand Rapids, Michigan, SurfacePrep is a leading national and international distributor of surface enhancement solutions.
  • Mike Currie, CEO of SurfacePrep, said, “This partnership with Nautic marks an exciting new chapter for SurfacePrep, with a focus on accelerating performance while continuing to provide our customers the excellent service, solutions, and products they expect.
  • KeyBanc Capital Markets and Gibson, Dunn & Crutcher LLP advised SurfacePrep.

Churchill’s Randy Schwimmer Named 2023 “Thought Leader of the Year” by the Alliance of Mergers & Acquisitions Advisors (AM&AA)

Retrieved on: 
Wednesday, February 7, 2024
Banking, Asset Management, Professional Services, Finance, Senior, Winston Churchill, Research, Overalls, Mergers and acquisitions, AA, Publication, Conference, Management

The prestigious award recognizes leaders in the private middle market community who create and advocate innovative ideas that add value to the M&A marketplace.

Key Points: 
  • The prestigious award recognizes leaders in the private middle market community who create and advocate innovative ideas that add value to the M&A marketplace.
  • Randy is the founder and publisher of The Lead Left , an industry-leading capital markets newsletter and premiere source on middle market finance trends that he started in 2008.
  • In return, he has created tremendous awareness and is fueling further interest to a once lesser-known area of the market.
  • The “Thought Leader of the Year” award was presented at the AM&AA Winter Conference in Charleston, South Carolina on February 1, 2024.

Churchill Asset Management Announces 2024 Promotions, Expands Operating Committee and Establishes New Executive Committee

Retrieved on: 
Monday, January 8, 2024
Banking, Asset Management, Professional Services, Finance, Growth, Executive Committee, Partnership, Risk, Creativity, Winston Churchill, Whaling

Churchill Asset Management LLC, an investment-specialist affiliate of Nuveen providing customized financing solutions to private equity firms and their portfolio companies, today announced its 2024 promotion class.

Key Points: 
  • Churchill Asset Management LLC, an investment-specialist affiliate of Nuveen providing customized financing solutions to private equity firms and their portfolio companies, today announced its 2024 promotion class.
  • Positioning the firm for continued growth, six senior professionals have also been added to Churchill’s Operating Committee, which oversees day-to-day operational matters, and a new Executive Committee has been established (reporting to the CEO), responsible for management of the firm and setting overall strategic direction for the business.
  • Effective immediately, the Executive Committee members are:
    The Operating Committee now consists of the following 12 members:
    The Operating Committee will report to the newly established Executive Committee.
  • I am confident that in his new position, Randy will continue to bring his unmatched creativity and exemplary leadership to further elevate our business.”

Churchill Asset Management Closes Second Collateralized Fund Obligation Investing in Nuveen Private Capital Flagship Strategies

Retrieved on: 
Monday, December 18, 2023
Finance, Banking, Professional Services, Other Professional Services, Asset Management, Private Equity International, Winston Churchill, Senior, LLP, CFO, Insurance, Dechert, TIAA, Bookrunner, Sole, Security (finance), Nuveen

Churchill Asset Management LLC, an investment-specialist of Nuveen that provides customized financing solutions to private equity firms and their U.S. portfolio companies, has closed its second collateralized fund obligation (“CFO”).

Key Points: 
  • Churchill Asset Management LLC, an investment-specialist of Nuveen that provides customized financing solutions to private equity firms and their U.S. portfolio companies, has closed its second collateralized fund obligation (“CFO”).
  • The $190 million CFO will invest across the flagship strategies of Churchill and Arcmont Asset Management Limited, the operating businesses of Nuveen Private Capital, including U.S. senior lending, junior capital and equity co-investment, as well as European direct lending and capital solutions.
  • Nuveen Private Capital formed in March 2023 when Nuveen acquired London-based Arcmont, which in combination with Churchill, has created a $74 billion private capital platform and one of the world’s largest private credit managers.
  • Compared to precedent structures, this CFO will be majority senior lending focused, while also maintaining strong alignment with Nuveen Private Capital’s ultimate parent company, TIAA.

AustralianSuper increases Churchill Asset Management partnership to US$1.5 billion

Retrieved on: 
Wednesday, December 13, 2023
Banking, Asset Management, Professional Services, Finance, Equilibrium, Winston Churchill, Acquisition, Fund, WTW, Investment, OID, History, Thought, TIAA, Pension, Ageing, Partnership, Retirement, Environment, Pension fund, Security (finance), Bank, Nuveen, AustralianSuper

AustralianSuper, Australia’s largest superannuation fund, today announced it has increased the program size of its partnership with Churchill Asset Management, an investment specialist affiliate of Nuveen, to US$1.5 billion.

Key Points: 
  • AustralianSuper, Australia’s largest superannuation fund, today announced it has increased the program size of its partnership with Churchill Asset Management, an investment specialist affiliate of Nuveen, to US$1.5 billion.
  • Churchill is the US$47 billion U.S. private capital investment-specialist of Nuveen, the asset manager of TIAA.
  • In 2022, Nuveen expanded its private debt platform with the acquisition of Arcmont Asset Management, covering the European market.
  • Ken Kencel, President and CEO of Churchill said:
    “We are excited to grow our partnership with AustralianSuper, Australia’s largest superannuation fund, and increasingly an investment leader on the global stage.

Churchill Asset Management Named A Best Place to Work in Money Management for the Third Consecutive Year by Pensions & Investments

Retrieved on: 
Tuesday, December 12, 2023
Finance, Banking, Professional Services, Other Professional Services, Asset Management, Winston Churchill, Research, Learning, Culture, Pension, Seagram Building, Growth, P&I, Publication, Crain Communications, Philosophy, Management, Nuveen, Investment

Presented by P&I, the global news source of money management and institutional investing, the 12th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.

Key Points: 
  • Presented by P&I, the global news source of money management and institutional investing, the 12th annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.
  • Churchill employee responses highlighted the firm’s highly inclusive culture, learning and development programs, empowering management team and volunteer opportunities, among other strengths.
  • “Pensions & Investments is proud to honor the Best Places to Work in Money Management for the 12th year.
  • For a complete list of the 2023 Pensions & Investments’ Best Places to Work in Money Management winners, and profiles of the top 100 firms across size categories, go to www.pionline.com/BPTW2023 .

Churchill Real Estate Receives Strategic Investment From Mitsubishi UFJ Trust and Banking Corporation

Retrieved on: 
Tuesday, December 12, 2023
Professional Services, Residential Building & Real Estate, Finance, Construction & Property, Asset Management, REIT, Banking, Winston Churchill, Real estate, Trust, Financial services

Churchill Real Estate (“Churchill” or the “Firm”), a leading provider of capital market solutions with $7.4 billion of assets under management1 serving the U.S. residential real estate sector, today announced that Mitsubishi UFJ Trust and Banking Corporation (“MUTB”) has acquired a minority interest in the Firm.

Key Points: 
  • Churchill Real Estate (“Churchill” or the “Firm”), a leading provider of capital market solutions with $7.4 billion of assets under management1 serving the U.S. residential real estate sector, today announced that Mitsubishi UFJ Trust and Banking Corporation (“MUTB”) has acquired a minority interest in the Firm.
  • Through this investment, Churchill will seek to draw on MUTB’s financial and strategic support to enhance its origination, financing, and product capabilities across the U.S. residential and multifamily markets.
  • As Churchill looks to expand its product offerings this investment will allow Churchill to grow its global network of institutional investors and clients.
  • Derrick Land, a Managing Partner at Churchill, said, “We are thrilled to welcome Mitsubishi UFJ Trust and Banking Corporation as a shareholder.

Churchill Asset Management Named 2023 Lender Firm of the Year by The M&A Advisor

Retrieved on: 
Monday, November 20, 2023
Asset Management, Professional Services, Finance, Winston Churchill, Partnership, Unitranche debt, Nuveen

Churchill Asset Management (“Churchill”), an investment specialist of Nuveen, today announced that it was named 2023 “Lender Firm of the Year” by The M&A Advisor.

Key Points: 
  • Churchill Asset Management (“Churchill”), an investment specialist of Nuveen, today announced that it was named 2023 “Lender Firm of the Year” by The M&A Advisor.
  • The firm was honored at the 22nd Annual M&A Advisor Awards Gala held in New York City on November 15, 2023.
  • Note: Churchill was selected as one of 10 finalists for “Lender Firm of the Year” in September 2023 by an independent panel of judges appointed by the M&A Advisor.
  • Churchill was chosen as winner in November 2023.

Churchill Bolsters Senior Lending Origination Team with Principals Paul Sadlowski and Pranai Cheroo

Retrieved on: 
Thursday, November 9, 2023
Banking, Asset Management, Professional Services, Finance, Environment, J. P. Morgan, Growth, Winston Churchill, Principal, The Carlyle Group, Bank, Nuveen

Churchill Asset Management (“Churchill”), an investment-specialist affiliate of Nuveen, today announced that Paul Sadlowski and Pranai Cheroo have joined the firm as Principals on the senior lending origination team.

Key Points: 
  • Churchill Asset Management (“Churchill”), an investment-specialist affiliate of Nuveen, today announced that Paul Sadlowski and Pranai Cheroo have joined the firm as Principals on the senior lending origination team.
  • Both will report to Kevin Meyer, Managing Director, Head of Origination, Senior Lending.
  • At Churchill, he will be responsible for expanding origination efforts in the core middle market with Midwest sponsors.
  • Mr. Cheroo joined from The Carlyle Group where he was most recently an originator for the direct lending platform.

Churchill’s Saheedat Onifade Named Among Black Women in Asset Management’s 40 Under 40

Retrieved on: 
Monday, October 16, 2023
Personal Finance, Women, Other Communications, Finance, Public Relations, Investor Relations, Communications, Professional Services, African American, Consumer, Asset Management, Knowledge, Mentorship, Strategy, Nuveen, Principal, Black, Sales, Woman, Winston Churchill, Management, Security (finance)

Churchill Asset Management (“Churchill”) announced today that Saheedat Onifade, Principal and Investment Strategist, has been selected as one of the recipients of the 2023 Black Women in Asset Management (BWAM) 40 Under 40 Award in the Sales and Investor Relations category.

Key Points: 
  • Churchill Asset Management (“Churchill”) announced today that Saheedat Onifade, Principal and Investment Strategist, has been selected as one of the recipients of the 2023 Black Women in Asset Management (BWAM) 40 Under 40 Award in the Sales and Investor Relations category.
  • The BWAM 40 Under 40 Award is designed to celebrate the accomplishments of inspiring Black women in asset management.
  • “We are delighted to see Saheedat recognized among this esteemed group of women,” said Ken Kencel, President & CEO of Churchill Asset Management.
  • The winners of the 2023 BWAM 40 Under 40 Award were recognized at an event in London on October 5.