NEW YORK--(BUSINESS WIRE)--Churchill Asset Management LLC (“Churchill”) announced the appointment of Joe Cambareri, CPA as Managing Director and Chief Accounting Officer, effective September 23, 2019. Mr. Cambareri is responsible for the day-to-day management of Churchill’s finance and accounting function and reports directly to Chief Financial Officer, Shai Vichness.
Mr. Cambareri brings over 20 years of finance, accounting, operations, reporting and tax experience to Churchill, related to a variety of direct lending funds, separately managed accounts, collateralized loan obligations and public and private business development companies. Prior to joining Churchill, Mr. Cambareri served as Chief Financial Officer for nine years at Greenwich, CT-based Credit Value Partners, LLC, a credit-focused asset manager owned by New York Life. He has also held positions at Solar Capital Ltd., Morgan Stanley and Arthur Andersen, LLP.
“We are thrilled to welcome Joe to our Finance team,” said Shai Vichness, Chief Financial Officer at Churchill. “His breadth of experience in credit, along with his exceptional track record leading a variety of critical areas in finance and accounting, will allow him to add immediate value to the firm as we continue to provide best-in-class service to our investors and expand our array of middle market investment products.”
Mr. Cambareri received his B.S. in Accounting and Finance from New York University’s Leonard N. Stern School of Business and his M.B.A. in Accounting and Finance from New York University’s Langone Graduate School. He is also a certified public accountant in the state of New York.
Over the course of 2019, Churchill has grown to nearly $7 billion of committed capital under management across its commingled funds, separately managed accounts and collateralized loan obligations. To support its expanding platform, over the past year, Churchill has added a significant amount of talented professionals across its underwriting, portfolio management, investor relations and finance/operations teams.
About Churchill Asset Management LLC
Based in New York, Churchill Asset Management LLC, a majority-owned affiliate of Nuveen (the asset manager of TIAA) is a leading provider of senior and unitranche debt financing for middle market companies, particularly those backed by top-tier private equity sponsors. Churchill has $6.8 billion of committed capital under management and has broad experience in all aspects of the middle market financing business, including origination, structuring, credit analysis, syndication, and deal monitoring and oversight. More information can be found at www.churchillam.com.
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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 is a registered investment advisor and majority-owned, indirect subsidiary of Teachers Insurance and Annuity Association of America. Certain Nuveen products are advised by Nuveen Alternatives Advisers LLC, a registered investment advisor and wholly owned subsidiary of TIAA, and 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.