Nuveen Private Capital appoints two managing directors
Nuveen Private Capital has appointed Marc Gonyea and Chris Davis as managing directors, as the firm continues to expand its US client coverage capabilities.
Gonyea will be based in Churchill Asset Management’s New York headquarters, while Davis will be based in San Francisco. Both Gonyea and Davis will be exclusively focused on partnering with institutional investors in the US Midwest and West Coast, and tailoring private credit solutions to meet their needs.
Nuveen Private Capital was created in March 2023 following Nuveen’s majority acquisition of Arcmont Asset Management, which in combination with Churchill Asset Management, created a $74bn (£58.19bn) private capital platform. Churchill and Arcmont currently operate as the US and European asset management companies of Nuveen Private Capital.
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The new hires come as Nuveen ramps up is US business development strategy amid rising demand for private credit opportunities.
“Marc and Chris are two highly experienced professionals who will further enhance Nuveen Private Capital’s ability to provide leading US and European private credit solutions to our growing US investor base,” said Chris Freeze, co-head of Nuveen Private Capital Business Development.
“They will be instrumental in helping US Midwest and West Coast investors access Churchill and Arcmont’s differentiated credit strategies and time-tested investment track records.”
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Gonyea has 25 years of business development experience, and previously worked at Alcentra, Benefit Street Partners, and Blackstone.
Davis has almost two decades of expertise, and has held leadership positions on the fundraising teams at Barings and Allianz Global Investors.
Both will report to and work closely with Freeze and David Burnside, co-heads of Nuveen Private Capital Business Development.
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