Mentorship with Ken Kencel, Churchill Asset Management
Zoom link to be provided closer to event
Ken serves as President and CEO of Churchill Asset Management, an affiliate of Nuveen, the asset management arm of TIAA, a Fortune 100 financial services company. He also serves as Chairman of the Board, President and CEO of Nuveen Churchill Direct Lending, Inc., Churchill’s publicly registered business development company.
Churchill currently manages over $30 billion in committed capital and focuses on providing senior, unitranche and junior debt financing and making equity co-investments and fund commitments to leading private equity investment firms and their portfolio companies. Churchill is among the most active private credit managers in the U.S., annually investing over $6 billion in over 200 middle market companies.
Throughout his over 35-year career in the investment industry, he has accrued a broad range of experience in leading private credit investment businesses. Previously, Ken served as a Managing Director of The Carlyle Group, where he also served as President and a Director of TCG BDC, Inc. (Carlyle’s publicly traded business development company). Prior to that he founded and was President and CEO of Churchill Financial Group, served as Head of Leveraged Finance for Royal Bank of Canada and was Head of Indosuez Capital, a leading middle market merchant banking and asset management business in partnership with Credit Agricole Group. Ken was also a founder of the high yield finance business at Chase Securities (now JP Morgan Chase). He began his career in the Mergers & Acquisitions Group at Drexel Burnham Lambert. He regularly appears as a guest commentator on private credit markets on Bloomberg, CNBC, The Wall Street Journal and The Financial Times.
Ken graduated with a B.S. in Business Administration, magna cum laude, from Georgetown University and a J.D. from Northwestern University Pritzker School of Law. He serves on the Pension Investment Advisory Committee for the Archdiocese of New York, the Board of Trustees and Chairman of the Investment Committee of Canisius High School (a private Jesuit Preparatory school in Buffalo, NY) and the Advisory Board of Teach for America (Connecticut). Ken is a guest lecturer at Boston University Questrom School of Business and a former member of the Board of Advisors and Adjunct Professor at the McDonough School of Business at Georgetown University.
Jennifer Daly is a partner in the Leveraged Finance practice group specializing in private credit and special situations investing. Having previously held senior roles in the financial services and investment management sectors at Bank of America Merrill Lynch and distressed credit fund Avenue Capital, Jennifer, most recently, was the Chief Operating Officer and Chief Compliance Officer of the hedge fund Hunter Peak Investments before rejoining our firm.
Jennifer is lead counsel for private credit funds, special situation and opportunistic funds, business development companies (BDCs), hedge funds and other investment advisors, leading financial institutions and borrowers in LBOs, leveraged finance, unitranche, first lien/second lien, mezzanine, Debtor-in-Possession financings, Rescues, Exits, liability management transactions and other secured and unsecured lending transactions, with a focus on both performing credit and the finance elements of in and out of court workouts and restructurings.
Some of Jennifer’s significant representations include Antares, Apollo, Blue Torch Capital, CVC, GSO, KKR, Owl Rock, MSD Capital, Park Square Capital, and New Mountain Capital.
Join YJP for another installment of our virtual Mentorship with Finance Leaders series.
We're excited to host Ken Kencel, President & CEO at Churchill Asset Management- a leading private credit investor.
Prior to his current role, Ken was President of Carlyle's BDC, founded and was president and CEO of Churchill Financial, worked at RBC, was head of Indosuez Capital, and helped to found the high yield business at both Chase Securities (now JP Morgan) and SBC Warburg (now UBS).
Come ready to connect with other young professionals and come with questions for Ken!
This session is complimentary for YJP's Virtual, Professional, Young Leadership, and above levels.
Please reach out to firstname.lastname@example.org with questions regarding this event