Churchill Asset Management and Arcmont Asset Management, the U.S. and European asset management companies of Nuveen Private Capital (NPC) announced Katherine Elmore-Jones has joined as a Partner and Head of Private Equity Business Development in Europe. And Elmore-Jones will be based in Arcmont’s London office and report to Chris Freeze and David Burnside, Co-Heads of NPC Business Development.
For this newly created role, Elmore-Jones will be exclusively focused on partnering with European institutional investors to develop tailored private equity solutions to meet their needs. And she will leverage her 20+ years of institutional investor relationships to support capital raising initiatives in the region.
Elmore-Jones’ work will build upon Churchill’s existing private equity platform, which has $17.5 billion of committed capital, nearly $11 billion of which is invested in middle market private equity fund commitments.1 The firm also invests in equity co-investments along with its private equity partners, as well as GP-led and LP-led secondaries.
Elmore-Jones joins from The Carlyle Group where she was a Managing Director and Partner on the European investor relations team. Before that, she was the Director of European Communications, responsible for public relations and internal communications across Europe for Carlyle. With her hire, NPC continues to strengthen its presence in Europe, having recently appointed Ralph van Daalen as Head of Business Development, Netherlands and Ralph Hora as Partner and Head of DACH, Business Development.
NPC was formed in March 2023 following Nuveen’s majority acquisition of Arcmont – which in combination with Churchill – created a $75 billion private capital platform1 and one of the world’s largest private credit managers. And Churchill and Arcmont have deployed nearly $20 billion in support of U.S. and European private equity firms and their portfolio companies over the last year ended September 30, 2024.
KEY QUOTES:
“Katherine brings an established track record of building and fostering investor relationships in Europe. Her deep understanding of their investment goals and of the private equity landscape make her a great fit for this position. We welcome her to our growing team and are excited to build upon our strong momentum as we scale our business development efforts across the globe.”
- Chris Freeze
“I am delighted to join the Nuveen Private Capital team and have long admired the breadth and depth of its global private capital platform. In particular, Churchill has a highly unique value proposition as a significant limited partner to hundreds of U.S. private equity firms, driving attractive deal flow across equity co-investments, secondaries and other strategies. I am looking forward to providing investors with differentiated access to these private equity opportunities and the attractive U.S. middle market.”
- Katherine Elmore-Jones
