Churchill Asset Management LLC brought in $2.4 billion in new capital commitments and closed or committed $2.6 billion in new investments in 2018.

The 2018 investments represent a more than 37% increase from 2017, while the 2018 capital commitments bring the firm's total committed capital under management to $6 billion.

Churchill also added 16 professionals in 2018 to assist with its investment and capital fundraising efforts, as well as set up shop in Los Angeles to support its sponsor relationships on the U.S. West Coast.

Churchill is an affiliate of Nuveen Asset Management LLC, the asset manager of TIAA. It provides senior and uni-tranche debt financing for middle-market companies backed by private equity firms.