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Nuveen Churchill Direct Lending Corp. Company Profile

NYSE: NCDLFinancial ServicesAsset ManagementUSD

10.69-0.21 (-1.93%)

At close: Oct 7, 4:00 PM ET · Delayed 15 min

Nuveen Churchill Direct Lending at a glance

Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) is a Asset Management company in the Financial Services sector headquartered in New York, NY. Nuveen Churchill Direct Lending is led by Mr. Kenneth John Kencel J.D.. The company's shares have traded publicly since 2024.

At a market capitalization of $538.3 million, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0001737924, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Nuveen Churchill Direct Lending do?

Nuveen Churchill Direct Lending Corp. (the “Company”) is 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”).

Business description based on the company's public filings.

Company information

Legal name
Nuveen Churchill Direct Lending Corp.
Ticker
NYSE: NCDL
Industry
Asset Management
CEO
Mr. Kenneth John Kencel J.D.
Headquarters
375 Park Avenue, New York, NY, United States
Phone
212 478 9200
IPO year
2024
Market cap
$538.32M
SEC CIK
0001737924

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