K&L Gates LLP advised Churchill Asset Management LLC on the deal.
Churchill Asset Management LLC completed the fundraising of a $2 billion fund that will provide traditional senior and unitranche loans to middle-market, private equity-backed businesses in the United States.
The fund surpassed its initial target of $1 billion and received capital commitments from a group of investors that includes pension plans and insurance companies, among others, across Europe, North America, and Asia.
Churchill Asset Management is an affiliate of Nuveen, which is an asset management subsidiary of the Teachers Insurance and Annuity Association of America (TIAA).
The K&L Gates team advising Churchill was led by San Francisco investment management partner Sasha Burstein (Picture), and included New York tax partner Adam Tejeda and New York associates Amanda Strickler and Jay Buchman.
Law Firms: K&L Gates;
Clients: Churchill Asset Management, LLC;