Churchill Asset Management announced today that it has completed fundraising for the Churchill Middle Market Senior Loan Fund II with $2 billion in limited partner commitments, exceeding its original target of $1 billion.
Nuveen unit Churchill now manages nearly $23 billion of committed capital, which includes more than $8 billion dedicated to the firm’s senior lending strategy through a variety of investment vehicles, including separately managed accounts, collateralized loan obligations, commingled funds and a business development company.
The new fund is an unlevered vehicle that invests in traditional senior and unitranche loans to private . . .
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