Churchill Hires Robert Paun to Lead Investor Relations for its Growing Registered Product and Wealth Management Platform
24 July 2024 - 10:01PM
Business Wire
Churchill Asset Management LLC (“Churchill” or the “Firm”), an
investment specialist of Nuveen, announced that Robert Paun has
joined the Firm as Managing Director, Head of Investor Relations,
Retail & Wealth. In this new role, Robert will lead the
investor relations strategy, management and execution of the Firm’s
regulated funds, while focusing on growing Churchill’s private
wealth offerings and expanding access to its award-winning middle
market private capital platform. He will be based in the Firm’s New
York City headquarters and report directly to David Heilbrunn,
Senior Managing Director and Co-Head of Churchill's Investor
Solutions Group.
Churchill manages multiple business development companies or
BDCs, which make private capital investments across the U.S. middle
market more accessible to individual investors, typically through
public or private offerings.
"Churchill aims to be at the forefront of the ‘democratization
of alternatives,’ and Robert's appointment underscores our
commitment to delivering innovative and accessible private capital
strategies with outstanding client service to our growing number of
individual investors," said Mr. Heilbrunn. "Robert’s leadership and
extensive experience will be invaluable as we continue to broaden
our presence within the private wealth community in partnership
with Nuveen."
Mr. Paun brings over 20 years of experience in investor
relations, corporate development and equity research. Most
recently, he served as the Head of Investor Relations at FS
Investments, where he was instrumental in launching and building
the equity and debt investor relations programs for their publicly
traded business development companies. Mr. Paun has also held
previous roles at Affinion Group, Sidoti & Company, and Merrill
Lynch.
"The demand for private market exposure among investors is
significant and growing, and the opportunity to join one of the
most active and differentiated private capital managers in the
country is very exciting,” said Mr. Paun. “As we seek to provide
attractive risk adjusted returns to our stakeholders, I look
forward to being a trusted resource for our investors and analysts
and continuing to provide transparency and consistent communication
to all of our partners.”
About Churchill Asset Management LLC
Churchill, an investment-specialist affiliate of Nuveen (the
asset manager of TIAA), provides customized financing solutions to
middle market private equity firms and their portfolio companies
across the capital structure. With over $50 billion of committed
capital, we provide first lien, unitranche, second lien and
mezzanine debt, in addition to equity co-investments, secondary
solutions and private equity fund commitments. Churchill has a long
history of disciplined investing across multiple economic cycles
and our unique origination strategy, execution and investment are
driven by more than 175 professionals in New York, Charlotte,
Chicago, Dallas and Los Angeles. To learn more about Churchill,
visit https://www.churchillam.com.
This material is not intended to be a recommendation or
investment advice, does not constitute a solicitation to buy, sell
or hold a security or an investment strategy, and is not provided
in a fiduciary capacity. The information provided does not take
into account the specific objectives or circumstances of any
particular investor, or suggest any specific course of action.
Financial professionals should independently evaluate the risks
associated with products or services and exercise independent
judgment with respect to their clients.
Churchill Asset Management LLC is a registered investment
advisor and majority-owned, indirect subsidiary of Teachers
Insurance and Annuity Association of America. Certain products are
distributed by Nuveen Securities, LLC, Member FINRA and SIPC.
Investments in middle market loans are subject to certain risks.
Please consider all risks carefully prior to investing in any
particular strategy. These investments are subject to credit risk
and potentially limited liquidity, as well as interest rate risk,
currency risk, prepayment and extension risk, and inflation
risk.
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Madison Hanlon pro-churchill@prosek.com