Mid-market lending report: Churchill AM on sponsored deals

Three years after joining TIAA-owned Nuveen, Churchill Asset Management’s president and CEO Ken Kencel and head of origination and capital markets Randy Schwimmer continue to make their mark by drawing on their deep industry roots and extensive network of relationships.

Ken Kencel

How do you define your mid-market strategy today and has this changed?
Ken Kencel: We are focused primarily on providing senior and unitranche debt financing to private equity-backed middle market companies. We define the middle market as businesses with between $10 million and $100 million of EBITDA. But our core strength is in the traditional middle market.

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