Nuveen Private Capital
Nuveen Private Capital (NPC) is a holistic, middle-market-focused private capital platform offering local expertise at global scale. Comprised of top-ranked managers Churchill Asset Management and Arcmont Asset Management, NPC offers investors with unparalleled access and opportunity for growth in the middle market through its deep relationships and fund commitments with top-quartile private equity sponsors.
in committed capital1,2
All numbers are as of January 1, 2026.
1 Committed Capital refers to capital committed to client accounts in the form of equity capital commitments from investors, as well as committed, actual or expected financing from leverage providers. For purposes of this calculation, both drawn and undrawn equity and financing commitments are included. Committed capital figures may be adjusted over the course of a financial period, based on accounts transitioning the calculation methodology from capital commitment to invested capital. Estimated and unaudited.
2 The amount of ‘private capital invested’ shown above includes investments made, originated or committed to by Churchill Asset Management LLC and its affiliates, including TIAA, since 2011 (in respect of its Private Equity and Junior Capital platform) and since 2015 (in respect of its Senior Lending platform). Investments include committed investments that ultimately may not have been fully drawn or funded.
3 As of December 31, 2025.
