Nuveen Churchill Direct Lending Corp. Company Profile
NYSE: NCDLFinancial ServicesAsset ManagementUSD
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
- Sector
- Financial Services
- 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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