Arcmont Asset Management and Churchill Asset Management, the European and U.S. asset management companies of Nuveen Private Capital (NPC), announced the continued expansion of its European client coverage capabilities with the appointment of Otto Donner as Head of Nordics Business Development.
Donner brings 20+ years of regional expertise and relationships to the role, focusing on building and strengthening Nuveen Private Capital’s coverage and private markets solutions across the Nordics. He will be based in Arcmont’s office in Stockholm, Sweden.
Donner was previously Head of Nordics, Sales, and Business Development at M&G Investments, where he led business development in the Nordic region for four years, focusing on pension funds, insurance companies, and banks. Before M&G, he worked as Director of Sales and Business Development at BMO Global Asset Management, where he was responsible for building institutional investor relationships in the Nordic region. Donner also held various positions at East Capital Asset Management, including Head of Nordics Business Development.
NPC was launched in March 2023 following Nuveen’s majority acquisition of Arcmont, which, combined with Churchill, created a $75 billion private capital platform and one of the world’s largest private credit managers. And Churchill and Arcmont deployed $20 billion in support of U.S. and European private equity firms and their portfolio companies over the last twelve months ended September 30, 2024.
With this hire, NPC continues the expansion of its European client coverage across private credit and equity, having recently appointed Katherine Elmore-Jones as Head of Private Equity Business Development in Europe, Ralph van Daalen as Head of Business Development in the Netherlands, and Ralph Hora as Partner and Head of DACH, Business Development.
KEY QUOTES:
“As we continue to build on the very successful investor base in the Nordics of Arcmont and Churchill, through Nuveen Private Capital, Otto’s extensive experience in business development and client services within the region and across asset classes will be invaluable to our firms. Otto will play a critical role in supporting Nuveen Private Capital’s Nordic investor base, allowing us to further expand our private markets platform in the region. We are pleased to welcome him to the team and look forward to his future success.”
- Anthony Fobel, CEO Arcmont Asset Management