Churchill lands $1.54bn for junior capital fund
Monday, November 2, 2026 · first reported by Alternative Credit Investor and 1 other
Churchill Asset Management raised $1.54bn in total commitments for Junior Capital Opportunities Fund III, which has now closed. That beat the $1bn target, and the previous fund in the programme gathered $737m.
The vehicle provides junior debt to US mid-market companies owned by private equity firms. Pension funds, insurers, asset managers and family offices from around the world committed capital. Roughly $665m arrived via rated feeder structures aimed at insurance investors. To date the fund has deployed about $600m across 44 portfolio companies, working with 30 private equity firms.
- Fund
- Junior Capital Opportunities Fund III
- Size
- $1.5B
- Stage
- Final close
- Asset class
- Credit
- Geography
- North America
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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