Nuveen Churchill Direct Lending forms joint venture with unaffiliated institutional investor - NCDL News | RalliesNuveen Churchill Direct Lending forms joint venture with unaffiliated institutional investor
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NCDL• Joint venture formed and launched in July
- Nuveen Churchill Direct Lending formed an unconsolidated joint venture with an unaffiliated institutional investor in the second quarter of 2026.
- The vehicle launched on July 7, with commitments of up to $92.8 million from the company and $13.3 million from the partner.
- On July 9, the joint venture bought a $148.9 million portfolio of first-lien loans from Nuveen Churchill Direct Lending.
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