Nuveen Private Capital, a collaboration between Churchill Asset Management and Arcmont Asset Management, has announced a strategic partnership with Hunter Point Capital and Temasek. This alliance involves minority investments from Hunter Point Capital and Temasek, with the latter also providing long-term capital commitments to Nuveen’s strategies.
Nuveen Private Capital, established in March 2023, has rapidly grown into an $87 billion private capital platform, investing over $21 billion in more than 400 companies over the past year. The firm supports US and European private equity firms and serves over 5,000 investors globally. Bill Huffman, CEO of Nuveen, expressed pride in the partnership, stating it validates the platform’s growth and commitment to investors.
Ken Kencel and Anthony Fobel, co-CEOs of Nuveen Private Capital, highlighted the partnership’s role in enhancing value for investors and sponsors. Avi Kalichstein, CEO of Hunter Point Capital, praised Nuveen’s market expertise and expressed enthusiasm for the collaboration’s future growth.
The transaction ensures Nuveen retains majority ownership of Nuveen Private Capital, with no changes to its investment strategy or operations. BofA Securities acted as financial adviser for the deal.
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