Arcmont Asset Management and Churchill Asset Management, the European and US asset management companies of Nuveen Private Capital, have appointed Bonsoo Koo as Head of Business Development for Korea.
Koo’s new role will focus on private credit and equity solutions for both Arcmont and Churchill, as well as relationships with Korean investors.
Koo joins from his previous role as Vice President within the Private Fund’s Group at global investment banking firm Evercore in Hong Kong, where he introduced and represented Arcmont investors.
Koo’s appointment follows that of Managing Director Jamal Hammoud, a Senior Investment Strategist who joined in November 2023 to build investor relationships in the Middle East.
Nuveen Private Capital was formed in March 2023 following Nuveen’s acquisition of Arcmont which, in combination with Churchill, created a $73bn private capital platform and is now one of the world’s largest private credit managers.
Collectively, Arcmont and Churchill deployed over $15bn in support of European and US private equity firms and their portfolio companies in 2023.