Churchill Asset Management

We typically invest as a significant limited partner and often serve as an advisory board member. Investment Criteria Company Size (EBITDA) ▪ Average Fund Commitment: $10 mm - $100 mm ▪ Average Fund Commitment: $30 mm - $75 mm ▪ Average Equity Co-investment: $10 mm - $100 mm We take a differentiated approach to sponsor relationships, specifically targeting those that seek value-added partners and support for portfolio company financing needs. We employ a deliberate process to evaluate and underwrite fund investments, typically spanning three to eight weeks.