Company Description
Nuveen Churchill Direct Lending Corp. (the “Company”) is a business development company and was formed on March 13, 2018, as a limited liability company under the laws of the State of Delaware and was converted into a Maryland corporation on June 18, 2019 prior to the commencement of operations.
The Company is a closed-end, externally managed, non-diversified management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”).
The Company’s investment objective is to generate attractive risk-adjusted returns primarily through current income by investing primarily in senior secured loans to private equity-owned U.S. middle market companies, which the Company defines as companies with approximately $10.0 million to $100.0 million of earnings before interest, taxes, depreciation and amortization (“EBITDA”).
The Company will focus on privately originated debt to performing U.S. middle market companies, with a portfolio expected to comprise primarily of first-lien senior secured debt and unitranche loans (other than last-out positions in unitranche loans) (collectively “Senior Loans”).
The Company will also opportunistically invest in junior capital opportunities (second-lien loans, subordinated debt, last-out positions in unitranche loans and equity-related securities) (collectively “Junior Capital Investments”).
| Country | United States |
| Founded | 2019 |
| Industry | Asset Management |
| Sector | Financials |
| CEO | Kenneth Kencel |
Contact Details
Address: 375 Park Avenue, 9th Floor New York, New York 10152 United States | |
| Phone | 212 478 9200 |
| Website | churchillam.com |
Stock Details
| Ticker Symbol | NCDL |
| Exchange | NYSE |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001737924 |
| CUSIP Number | 67090S108 |
| ISIN Number | US67090S1087 |
Key Executives
| Name | Position |
|---|---|
| Kenneth Kencel | Chief Executive Officer |
| Shaul Vichness | Chief Financial Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jan 29, 2025 | 8-K | Current Report |
| Jan 22, 2025 | 497AD | Filing by certain investment companies of Rule 482 advertising |
| Jan 22, 2025 | 8-K | Current Report |
| Jan 15, 2025 | 424B2 | Prospectus |
| Jan 15, 2025 | 8-K | Current Report |
| Jan 14, 2025 | 497AD | Filing by certain investment companies of Rule 482 advertising |
| Jan 14, 2025 | 497AD | Filing by certain investment companies of Rule 482 advertising |
| Jan 14, 2025 | FWP | Free Writing Prospectus |
| Jan 14, 2025 | 424B2 | Prospectus |
| Dec 20, 2024 | N-2ASR | Filing |