Churchill Hires Bennett Love as Head of Fund Finance
NEW YORK–(BUSINESS WIRE)–Churchill Asset Management LLC, an investment-specialist of Nuveen which provides customized financing solutions to private equity firms and their portfolio companies, is pleased to announce that Bennett (Ben) Love has joined the firm as Principal and Head of Fund Finance.
In this newly created role, Mr. Love will be responsible for the development of Churchill’s overall leverage strategy, as well as the sourcing, execution and monitoring of financing arrangements across the platform. Mr. Love will be focused on all forms of bilateral and syndicated lending facilities, as well as public and private debt solutions, including collateralized loan obligations (“CLOs”). Based in the firm’s Charlotte, NC office, he will report directly to Shai Vichness, Churchill’s Chief Financial Officer.
“As someone that we’ve worked very closely with since our affiliation with Nuveen in 2015, Ben has been integral in the structuring of several fund financing facilities and CLOs for Churchill,” said Mr. Vichness. “With the growth of the Churchill platform and strategic utilization of leverage across our various fund strategies, we are always looking to optimize our financing arrangements in order to drive returns for investors. Ben’s expertise and deep understanding of our business make him an ideal fit to lead these efforts, and we are thrilled to welcome him to the team.”
Prior to joining Churchill, Mr. Love spent 12 years at Wells Fargo, most recently serving as Director of Corporate Debt Finance. In this role, he was responsible for relationship origination and management of middle market private credit managers, as well as leading the structuring and execution of various types of lending facilities and CLO transactions.
Mr. Love received his BBA from Roanoke College and his MBA from Queens University of Charlotte. Additionally, he is a CFA charterholder.
About Churchill Asset Management LLC
Churchill, an investment-specialist affiliate of Nuveen (the asset manager of TIAA), provides customized financing solutions to middle market private equity firms and their portfolio companies across the capital structure. With $37 billion of committed capital, we provide first lien, unitranche, second lien and mezzanine debt, in addition to equity co-investments and private equity fund commitments. Churchill has a long history of disciplined investing across multiple economic cycles and our unique origination strategy, best in class execution and investment are driven by more than 100 professionals in New York, Charlotte and Chicago. More information can be found at www.churchillam.com.
This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities, and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Financial professionals should independently evaluate the risks associated with products or services and exercise independent judgment with respect to their clients. Churchill Asset Management is a registered investment advisor and majority-owned, indirect subsidiary of Teachers Insurance and Annuity Association of America. Certain Nuveen products are advised by Nuveen Alternatives Advisors LLC, a registered investment advisor and wholly owned subsidiary of TIAA, and distributed by Nuveen Securities, LLC, Member FINRA and SIPC.
Contacts
Madison Hanlon
pro-churchill@prosek.com