The Consolidation of Private Equity Lending Relationships

Bloomberg Radio host Barry Ritholtz speaks with Ken Kencel, who is president and chief executive officer of Churchill Asset Management, a private credit firm with $46 billion in assets under management that was the top US private equity lender in the 2022 PitchBook league tables and was named 2022 Lender Firm of the Year by The M&A Advisor. Churchill Asset Management is an affiliate of Nuveen, the $1.1 trillion asset-management arm of TIAA. Kencel, who has more than three decades of experience in the investment industry, also serves as chairman of the board, president and CEO of Nuveen Churchill Direct Lending Inc., Churchill’s publicly registered business development company. 

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