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Mr. Gonyea, who will be based in Churchill's New York headquarters, brings 25 years of business development experience to the role and previously worked at Alcentra, Benefit Street Partners, and Blackstone. Mr. Davis, who will be based in San Francisco, brings nearly two decades of expertise, having held leadership positions on the fundraising teams at Barings and Allianz Global Investors. His appointment strengthens Nuveen Private Capital's presence in California, following the opening of Churchill's Los Angeles office in 2022. Both will report to and work closely with Chris Freeze and David Burnside, Co-Heads of Nuveen Private Capital Business Development.

"Marc and Chris are two highly experienced professionals who will further enhance Nuveen Private Capital's ability to provide leading U.S. and European private credit solutions to our growing U.S. investor base," said Mr. Freeze. "They will be instrumental in helping U.S. Midwest and West Coast investors access Churchill and Arcmont's differentiated credit strategies and time-tested investment track records."

Nuveen Private Capital was formed in March 2023 following Nuveen's majority acquisition of Arcmont, which in combination with Churchill, has created a $74 billion private capital platform and one of the world's largest private credit managers. Collectively, Arcmont and Churchill deployed over $15 billion in support of European and U.S. private equity firms and their portfolio companies in 2023.