Nuveen Private Capital Strengthens Its European Focus
In a significant move to enhance its European operations, Nuveen Private Capital has appointed Katherine Elmore-Jones as the new Partner and Head of Private Equity Business Development in Europe. This decision marks a pivotal step for Nuveen as it looks to deepen its relationships with institutional investors throughout the region.
Experience That Brings Value
Katherine Elmore-Jones joins Nuveen with over 20 years of experience in private equity and investor relations. Her previous role at The Carlyle Group saw her making notable strides as a Managing Director. In her new role, she will work from Arcmont's London office and report to Chris Freeze and David Burnside, who jointly oversee Business Development for Nuveen Private Capital.
Elmore-Jones is responsible for forming strategic partnerships with European institutional investors, aiming to tailor private equity solutions that meet their specific needs. Her extensive network and understanding of the private equity ecosystem are expected to accelerate Nuveen's initiatives in capital raising.
Building on a Strong Foundation
Katherine’s role is designed to complement and build upon Churchill Asset Management’s impressive platform, which boasts $17.5 billion in committed capital. Notably, this includes nearly $11 billion dedicated to middle-market private equity fund commitments. The firm also engages in equity co-investments along with primary investments and secondary market activities.
Chris Freeze commented on Elmore-Jones's appointment, stating, “Her established track record of building and fostering investor relationships in Europe makes her an excellent addition to our team. We are enthusiastic about her joining us as we expand our business development efforts globally.”
A Vision for Investor Relationships
Elmore-Jones expressed her enthusiasm about joining the Nuveen Private Capital team. She remarked, “I have long admired the strengths of its global private capital network. Churchill's unique positioning as a prominent limited partner to numerous U.S. private equity firms provides a significant edge in differentiating investors with quality deal flow through various strategies, including equity co-investments and secondaries.”
Her vision aligns well with Nuveen's objectives, as they seek to continue building a robust presence in Europe. Recent hires, such as Ralph van Daalen as Head of Business Development for the Netherlands and Ralph Hora as Partner and Head of DACH, further illustrate Nuveen’s commitment to expanding its reach within the European market.
Recent Achievements and Future Goals
As of early 2023, following Nuveen’s majority acquisition of Arcmont, the partnership has established a formidable $75 billion private capital platform. This synergy has positioned Nuveen Private Capital to deploy substantial amounts of capital in support of both U.S. and European private equity ventures.
In the past 12 months alone, Churchill and Arcmont have committed nearly $20 billion across various transactions, demonstrating their effectiveness in the investment arena. Their excellence has not gone unnoticed, as NPC recently garnered the title of the 2024 Lender Firm of the Year in prestigious industry awards.
Nuveen, managing over $1.2 trillion in assets, is dedicated to delivering comprehensive investment solutions aimed at helping both institutional and individual investors secure their financial goals. The firm’s global operations span 27 countries, showcasing its extensive reach and capability.
About Churchill Assets Management
Churchill Asset Management operates under the Nuveen umbrella, specializing in providing tailored financing solutions to middle market private equity firms. With a rich history of disciplined investing, Churchill has maintained a remarkable trajectory through various economic cycles, utilizing a comprehensive array of capital solutions to meet diverse client needs.
About Arcmont Asset Management
Arcmont operates similarly within Europe, offering flexible capital solutions to businesses. Established in 2011, they have successfully garnered a strong foothold in the market, raising approximately €30 billion in assets and committing to numerous transactions that highlight their expertise and reliability.
Frequently Asked Questions
What is Katherine Elmore-Jones's new role at Nuveen?
Katherine Elmore-Jones has been appointed as the Partner and Head of Private Equity Business Development in Europe for Nuveen Private Capital.
What are Katherine's previous experiences?
She served as a Managing Director and Partner on the European investor relations team at The Carlyle Group prior to joining Nuveen.
What is Churchill Asset Management’s contribution to the capital platform?
Churchill Asset Management has $17.5 billion in committed capital, focusing significantly on middle market private equity fund commitments.
What are Nuveen's overarching goals with these appointments?
Nuveen aims to strengthen its investor relationships in Europe and enhance its business development efforts within the region.
How has Nuveen's acquisition of Arcmont impacted its operations?
The acquisition of Arcmont has enabled Nuveen to create a $75 billion private capital platform, broadening its capabilities in the private equity landscape.
