1Pensions & Investments, 31 May 2021. Rankings based on institutional tax-exempt assets under management as of 31 Dec 2020 reported by each responding asset manager.
2Private Debt Investor's Global Investor 30, November 2021. Rankings based the market value of private debt portfolios.
3The amount of ‘private capital investments’ shown above includes investments made, originated or committed to by Churchill Asset Management LLC and its affiliates, including TIAA, together with their related persons and current and former employees. Such amount also includes investments made, originated or committed to by certain senior officers of Churchill Asset Management LLC while such persons were employed at predecessor firms. Investments include committed investments that ultimately may not have been fully drawn or funded.
4Source: Direct Lending Deals 2021 League Tables.