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Alternative credit

Consistency is key: Private credit manager selection

Derek Fricke
Senior Managing Director, Head of Direct Investments, Junior Capital & Private Equity Solutions
Jill White
Deputy Head of Underwriting & Portfolio Management
Close-up view of a modern white architectural facade with a repeating pattern of curved, eye-shaped openings arranged in diagonal row.

Amid a wave of negative private credit headlines this year, Churchill Asset Management's Derek Fricke and Jill White reveal a very different story on the ground: record first-half activity, disciplined deal selectivity and healthy borrower fundamentals across their platform.

In this Q&A, the two executives unpack why institutional capital consistency has become a critical differentiator for sponsors, how AI is reshaping underwriting practices across industries and what will separate winning managers from the rest as the market matures.

Read the full conversation to see why scale, relationships, and staying power may define the next credit cycle. Download

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