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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.
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Fund Compare
Quickly evaluate different MFs, CEFs and ETFs against one another
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Portfolio Review
Generate a detailed analysis of your portfolio holdings including MFs, CEFs and ETFs
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Municipal Bond Ladder Tool
Learn how a laddered portfolio may perform in rising rate environments
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Our strategy

How we
invest in
private capital

Downtown view

PCAP's portfolio is expected to be anchored in a diversified portfolio of middle market senior secured term loans and be enhanced through select middle market junior capital and private equity co-investments sourced across the Churchill platform.

How we invest?
Big machines
Relationships drive robust deal flow
  • LP commitments to private equity funds drives robust deal flow & early looks on transactions
  • Origination professionals source deals from sticky, long-established relationships
  • Ability to provide sizable financing solutions across the capital structure sets us part
Big machines
Rigorous underwriting

Disciplined, well-defined underwriting processes focused on:

  • Strong business fundamentals
  • Reliable partners
  • Limited downside risk
  • Top priorities: management expertise, barriers to entry, viable business model
Big machines
Strong risk management
  • Target majority senior secured loans with financial covenants
  • Selectivity and diversification are the cornerstones of portfolio construction
  • Proprietary portfolio management systems and procedures, designed to detect issues early

Our diversified approach will enable the tactical positioning of the portfolio based on current market dynamics.



Capital structure

Differentiated relationships with private equity sponsors through limited partner commitments

Churchill has committed $12 billion to middle market private equity funds driving access to deal flow.

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All data as of 31 December 2022.
Diversification is a technique to help reduce risk. It is not guaranteed to protect against loss.

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

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