Skip to main content
TOOLS
The Morningstar Fund Compare tool quickly evaluates different funds against one another. In addition to Nuveen funds, add any MF, CEF or ETF available from Morningstar. Important information and disclosures are included after you click Generate Report. Please ensure to enable pop-ups in your browser.
The Morningstar Portfolio Review tool compares and analyzes your portfolio holdings. In addition to Nuveen funds, add any MF, CEF or ETF available from Morningstar. Important information and disclosures are included after you click Generate Report. Please ensure to enable pop-ups in your browser.
utility-drawer__mobile-restriction Tools are currently unavailable for use on mobile. Please visit the desktop site.
fund compare tool image
Fund Compare
Quickly evaluate different MFs, CEFs and ETFs against one another
portfolio review tool image
Portfolio Review
Generate a detailed analysis of your portfolio holdings including MFs, CEFs and ETFs
Image of Municipal bond investing ladder tool
Municipal Bond Ladder Tool
Learn how a laddered portfolio may perform in rising rate environments
Powered by Morning star
Confirm your location and role
location select
language select
Bridge image

Nuveen Churchill Private Capital Income Fund

Access the income and return potential of private capital

Nuveen Churchill Private Capital Income Fund (PCAP) is a perpetual life, non-traded investment vehicle that offers exposure to a diversified portfolio anchored in middle market senior loans and junior capital while seeking to provide attractive upside through private equity co-investments.

PCAP provides a compelling opportunity for investors to access the benefits of private capital through an award-winning manager with a differentiated strategy and proven track record.

Our private capital strategy


 
building at night
HIGHLY RANKED IN INDUSTRY LEAGUE TABLES
  • #1

    MOST ACTIVE U.S. DIRECT LENDER2
  • #1

    MOST ACTIVE PE LENDER IN U.S. BUYOUTS3
  • #3

    AMERICAS JUNIOR LENDER OF THE YEAR4

The Churchill difference

Churchill Asset Management is one of the most active middle market private capital managers in the U.S. Learn how our scale, differentiated sourcing, unique alignment construct and track record set us apart.  Learn more

$53B
of private capital investments5
18+
year cycle-tested track record
475+
private equity relationships
$11B
committed as an LP to private equity funds6

Designed with investors in mind

The side of a glass and steel building
PCAP provides: monthly subscriptions, quarterly repurchases, relatively low minimums, and simplified tax reporting (1099).

All data as of December 31, 2023 unless otherwise noted.

1 We cannot guarantee that we will make distributions, and if we do, we may fund such distributions from sources other than cash flow from operations, including the sale of assets, borrowings, return of capital or offering proceeds, and although we generally expect to fund distributions from cash flow from operations, we have not established limits on the amounts we may pay from such other sources. 100% of inception-to-date distributions were funded from cash flows from operations.

Quarterly tender offers to repurchase shares are expected, but not guaranteed. The Board of Trustees may amend, suspend or terminate share repurchases at its discretion.

2 KBRA DLD's Lender Mandates as of 31 Dec 2023.

3 Pitchbook Data’s 2023 Lending League Tables.

4 Churchill was selected as a finalist for Americas Junior Lender of the Year based in December 2023; after an online industry vote, Churchill was ranked third of all finalists in March 2024.

5 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.

6 Includes private equity fund commitments made under the Private Equity fund strategy since 2011. Excludes venture capital and secondaries commitments. TIAA and client capital commitments to Churchill that are not yet committed to specific underlying funds are excluded.

Returns: Returns shown are preliminary. Net total returns are calculated as the change in net asset value ("NAV") per share during the period, plus distributions per share (assuming dividends and distributions are reinvested) divided by the beginning NAV per share. Actual individual investor performance may differ from the aggregated share class performance. All returns shown assume reinvestment of distributions pursuant to Nuveen Churchill Private Capital Income Fund's (the "Fund") distribution reinvestment plan, are derived from unaudited financial information and are net of all expenses, including general and administrative expenses, transaction related expenses, management fees, incentive fees and share class specific fees, but exclude the impact of early repurchase deductions on the repurchase of shares that have been outstanding for less than one year. The returns have been prepared using unaudited data and valuations of the underlying investments in the Fund's portfolio, which are estimates of fair value and form the basis for the Fund's NAV. Valuations based upon unaudited reports from the underlying investments may be subject to later adjustments, may not correspond to realized value and may not accurately reflect the price at which assets could be liquidated. Class D shares and Class S shares listed as (With sales load) reflect the returns after the maximum upfront selling commission and dealer manager fees of 1.5% and 3.5%, respectively. Class D shares and Class S shares listed as (No sales load) exclude up-front selling commissions and dealer manager fees. Class I does not charge any upfront selling commissions or dealer manager fees. Returns are annualized for periods longer than one year.

Before investing, carefully consider fund investment objectives, risks, charges and expenses. For this and other information that should be read carefully, please request a prospectus or summary prospectus from your financial professional or Nuveen at 800.257.8787.

Aerial view of the ocean shore
Contact us
Financial professionals
Individual investors

This content is not approved for use in Ohio or New Jersey.

Contact us
Contact us
Back to Top