Churchill Asset Management and Arcmont Asset Management, the US and European asset management companies of Nuveen Private Capital (NPC), have appointed Katherine Elmore-Jones as a Partner and Head of Private Equity Business Development in Europe.
Elmore-Jones will be based in Arcmont’s London office and report to Chris Freeze and David Burnside, Co-Heads of NPC Business Development.
In 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. She will leverage her 20-plus 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 $17.5bn of committed capital, nearly $11bn of which is invested in middle market private equity fund commitments. The firm also invests in equity co-investments alongside 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. Prior to that, she was the Director of European Communications, responsible for public relations and internal communications across Europe for Carlyle.
NPC was formed in March 2023 following Nuveen’s majority acquisition of Arcmont, which, in combination with Churchill, created a $75bn private capital platform and one of the world’s largest private credit managers. Collectively, Churchill and Arcmont have deployed nearly $20bn in support of US and European private equity firms and their portfolio companies over the last twelve months ended 30 September, 2024.