DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Churchill Asset Management LLC

Other adviserNew York, New YorkCRD 175092SEC 801-81144websiteIAPD
Latest filing Jun 15, 2026
First filing on the tape Mar 10, 2015 · 31 filings
SEC status approved since Mar 30, 2015
RAUM
$56B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
206
79 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
48
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$56B as of Jun 15, 2026
Mar 29, 2016$395M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 15, 2026
Mar 29, 20160 then
Employees (5.A)206 as of Jun 15, 2026
Mar 29, 201615 then
Private funds48 as of Jun 15, 2026
Mar 31, 20235 then
RAUM +18% over the last fiscal year+20% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 15, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$773MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
38%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived5 offices incl. principal (1.F.5)
RAUM growth, one year
+18%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, subscription, performance-basedreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, publications, otherreportedItem 5.G
Custody
$372M, 2 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$25B52%
  • Insurance companies$20B42%
  • Sovereign wealth funds$1.6B3.5%
  • Investment companies$1.1B2.3%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
72reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$372M for 2 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.55 institutional_share=0.38 related_bd=true related_bank=true bd_reps=15.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      45 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Churchill Middle Market Senior Loan Fund - Master Fund Scsp, Sicav-Raif - Fund IVPrivate Equity Fund$2.1B34Mar 31, 2022
      Churchill Mmsl III Investment Subsidiary, LPHedge Fund$1.5B94Mar 31, 2021
      Churchill Secondary Partners, L.P.Private Equity Fund$872M2Mar 31, 2022
      Churchill Middle Market Senior Loan Fund - Master Fund Scsp, Sicav-Raif - Fund VPrivate Equity Fund$811M12Aug 28, 2023
      Churchill Middle Market Clo III LLCSecuritized Asset Fund$752M3Mar 30, 2020
      Churchill Junior Capital Opportunities Fund II Master ScspPrivate Equity Fund$749M52Mar 31, 2023
      Churchill Cfo 2022-1 Ltd.Securitized Asset Fund$687M1Mar 31, 2023
      Churchill Middle Market Senior Loan Fund II - Master Fund L.P.Private Equity Fund$675M15Mar 30, 2020
      Churchill Middle Market Senior Loan Fund - Canada, L.P.Private Equity Fund$621M6Mar 31, 2023
      Churchill Junior Capital Opportunities Fund - Vehicle A Scsp, Sicav-Raif - Fund IIIPrivate Equity Fund$598M15Nov 29, 2024
      Nap Investors Fund, L.P.Private Equity Fund$586M15Mar 29, 2019
      Churchill Mmsl V-L Investment Subsidiary, LPHedge Fund$521M6Aug 28, 2023
      Churchill Co-Investment Partners, L.P.Private Equity Fund$515M86Mar 31, 2022
      Churchill Mmslf Clo-II, LPSecuritized Asset Fund$466M1Aug 28, 2023
      Churchill Mmslf Clo-III, LPSecuritized Asset Fund$417M2May 29, 2024
      Churchill Mmslf Clo-I, LPSecuritized Asset Fund$407M1Mar 31, 2023
      Churchill Middle Market Senior Loan Fund II - European Co-Invest Fund, LPPrivate Equity Fund$402M4Mar 29, 2019
      Copper Direct Lending L.P.Private Equity Fund$401M2Mar 30, 2024
      Churchill Middle Market Senior Loan Fund II - European Fund, LPPrivate Equity Fund$380M4Mar 29, 2019
      Churchill Middle Market Clo IV Ltd.Securitized Asset Fund$353M2Mar 29, 2018
      Churchill Cip II Aggregator LPPrivate Equity Fund$344M53Aug 28, 2023
      Tiaa Churchill Middle Market Clo I Ltd.Securitized Asset Fund$344M1Mar 28, 2016
      Cnv Investor Fund ScspPrivate Equity Fund$315M1Mar 31, 2021
      Nuveen Junior Capital Opportunities Fund ScspPrivate Equity Fund$312M2Mar 29, 2019
      Churchill Cip II Aggregator (Eci) LPPrivate Equity Fund$304M53Aug 28, 2023
      Churchill Senior Mpd Fund, LPPrivate Equity Fund$201M3Mar 31, 2023
      Churchill Mpd Fund, LPPrivate Equity Fund$193M4Mar 31, 2023
      Churchill Middle Market Senior Loan Fund V - Unlevered, LPPrivate Equity Fund$180M2May 29, 2024
      Churchill Capital Holdings, LLCPrivate Equity Fund$174M1Mar 31, 2023
      Churchill Cpcf Fund LLCHedge Fund$173M1Aug 28, 2023
      Cnv Investor Aggregator, LPPrivate Equity Fund$172M18Mar 31, 2023
      Npc Cfo 2023-1 Ltd.Securitized Asset Fund$171M1Mar 30, 2024
      Churchill Middle Market Senior Loan Fund (Jpy) Series 2022, LPPrivate Equity Fund$156M16Mar 31, 2023
      Churchill Co-Investment Holdings, LLCPrivate Equity Fund$140M1Mar 31, 2023
      Churchill Middle Market Clo Vi Ltd.Securitized Asset Fund$131M2Mar 31, 2023
      Churchill Middle Market Clo Vii Ltd.Securitized Asset Fund$107M2Mar 31, 2023
      Churchill Middle Market Senior Loan Fund, L.P.Hedge Fund$90.0M37Apr 20, 2017
      Churchill Arbor Gp Solutions, LPPrivate Equity Fund$75.0M1Aug 29, 2024
      Churchill Middle Market Senior Loan Fund II - K (Unlevered), L.P.Private Equity Fund$51.6M1Mar 29, 2019
      Tiaa-Cref Asset Management Distressed Opportunities Fund LPPrivate Equity Fund$46.9M2Mar 30, 2012
      All funds of Churchill Asset Management LLC
      Owners and control persons
      Schedule A and B, latest filing
      • John Kenneth Kencel · Elected Manager And Chief Executive Officercontrol
        since 04/2015 · owns 10% to 25%
      • Beth Charmagne Kukulka · Principal, Chief Compliance Officercontrol
        since 03/2024 · owns less than 5%
      • David John Mccally · Senior Managing Director, General Counselcontrol
        since 09/2015 · owns less than 5%
      • Nmn Shaul Vichness · Senior Managing Director, Chief Financial Officercontrol
        since 04/2015 · owns less than 5%
      Entity owners
      • Nuveen Private Capital LLC · Direct Owner
        direct · owns 75% or more
      • Nuveen Alternative Holdings LLC · Member
        indirect · owns 75% or more of Nuveen Private Capital LLC
      • Nuveen, LLC · Member
        indirect · owns 75% or more of Tiaa-Cref Asset Management LLC
      • Teachers Insurance And Annuity Association Of America · Member
        indirect · owns 75% or more of Nuveen, LLC
      • Tiaa Board Of Governors · Shareholder
        indirect · owns 75% or more of Teachers Insurance And Annuity Association Of America
      • Tiaa-Cref Asset Management LLC · Member
        indirect · owns 75% or more of Nuveen Alternative Holdings LLC
      Related persons
      Schedule D 7.A
      • Agr Partners LLC
        investment adviserpooled vehicle sponsornRAUM $1.2B
      • Arcmont Asset Management Limited
        investment adviserbankn
      • Churchill (Jpy) Series 2022 Gp, LLC
        pooled vehicle sponsory
      • Churchill Cad Gp, L.P.
        pooled vehicle sponsory
      • Churchill Co-Investment Partners Gp LLC
        pooled vehicle sponsory
      • Churchill Co-Investment Partners II (Lux) Gp S.A.R.L
        pooled vehicle sponsory
      • Churchill Co-Investment Partners II (US) Gp, LLC
        pooled vehicle sponsory
      • Churchill De Gp, LLC
        pooled vehicle sponsory
      • Churchill Dlc Advisor LLC
        investment advisernRAUM $2.1B
      • Churchill Feeder Fund Gp II S.Ar.L
        pooled vehicle sponsory
      • Churchill Fund Gp II LLC
        pooled vehicle sponsorn
      • Churchill Fund Gp II S.Ar.L
        pooled vehicle sponsory
      • Churchill Fund III Gp LLC
        pooled vehicle sponsorn
      • Churchill Fund V Gp LLC
        pooled vehicle sponsory
      • Churchill Fund V Ul Gp LLC
        pooled vehicle sponsory
      • Churchill Junior Capital Opportunities Fund II Gp S.A R.L
        pooled vehicle sponsory
      • Churchill Junior Capital Opportunities Fund II Gp, LLC
        pooled vehicle sponsory
      • Churchill Lux Gp, S.A R.L
        pooled vehicle sponsory
      • Churchill Mmsl V Spv Gp Ltd.
        pooled vehicle sponsory
      • Churchill Mmslf III Spv Gp Ltd.
        pooled vehicle sponsory
      • Churchill Secondary Partners Gp, LLC
        pooled vehicle sponsory
      • Clean Energy Partners Llp
        investment advisern
      • Cmic Funding Gp LLC
        pooled vehicle sponsory
      • Cnv Investor Gp LLC
        pooled vehicle sponsory
      • Cnv Investors Lux Gp S.A R.L
        pooled vehicle sponsory
      • Copper Direct Lending Gp, LLC
        pooled vehicle sponsory
      • Glennmont Asset Management Limited
        investment adviserbankpooled vehicle sponsorn
      • Glennmont Partners I Limited
        pooled vehicle sponsorn
      • Gresham Investment Management LLC
        investment adviserbankpooled vehicle sponsornRAUM $8.6B
      • Nap Investors Gp, LLC
        pooled vehicle sponsorn
      Advisers that list Churchill Asset Management LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Charlotte, NC20 employees
      • Chicago, NY9 employees
      • El Segundo, CA3 employees
      • Dallas, TX1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 66 to 72
        Aug 28, 2025 to Mar 31, 2026
      • Advisory employees · 73 to 79
        Aug 28, 2025 to Mar 31, 2026
      • BD registered reps · 12 to 15
        Aug 28, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 47 to 48
        Aug 28, 2025 to Mar 31, 2026
      • Assets in custody · $580M to $372M
        Aug 28, 2025 to Mar 31, 2026
      • Employees · 198 to 206
        Aug 28, 2025 to Mar 31, 2026
      • Insurance-licensed employees · 0 to 3
        Aug 28, 2025 to Mar 31, 2026
      • Private funds · 47 to 48
        Aug 28, 2025 to Mar 31, 2026
      • Discretionary RAUM · $47B to $56B
        Aug 28, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $18B to $25B
        Aug 28, 2025 to Mar 31, 2026
      • RAUM · $47B to $56B
        Aug 28, 2025 to Mar 31, 2026
      • Accounts · 55 to 66
        Feb 28, 2025 to Apr 3, 2025
      • Advisory employees · 66 to 73
        Feb 28, 2025 to Apr 3, 2025
      • BD registered reps · 7 to 12
        Feb 28, 2025 to Apr 3, 2025
      • Pooled vehicle clients · 38 to 47
        Feb 28, 2025 to Apr 3, 2025
      • Assets in custody · $487M to $580M
        Feb 28, 2025 to Apr 3, 2025
      • Employees · 167 to 198
        Feb 28, 2025 to Apr 3, 2025
      • Financial planning clients · unset to
        Feb 28, 2025 to Apr 3, 2025
      • Private funds · 49 to 47
        Feb 28, 2025 to Apr 3, 2025
      • Discretionary RAUM · $42B to $47B
        Feb 28, 2025 to Apr 3, 2025
      • Pooled vehicle RAUM · $16B to $18B
        Feb 28, 2025 to Apr 3, 2025
      • RAUM · $42B to $47B
        Feb 28, 2025 to Apr 3, 2025
      • Private funds · 45 to 49
        Nov 29, 2024 to Feb 28, 2025
      • Private funds · 42 to 45
        Aug 29, 2024 to Nov 29, 2024
      • Private funds · 41 to 42
        May 29, 2024 to Aug 29, 2024
      • Private funds · 39 to 41
        Mar 30, 2024 to May 29, 2024
      • Accounts · 53 to 55
        Oct 12, 2023 to Mar 30, 2024
      • Advisory employees · 62 to 66
        Oct 12, 2023 to Mar 30, 2024
      • BD registered reps · 2 to 7
        Oct 12, 2023 to Mar 30, 2024
      • Pooled vehicle clients · 37 to 38
        Oct 12, 2023 to Mar 30, 2024
      • Assets in custody · $320M to $487M
        Oct 12, 2023 to Mar 30, 2024
      • Employees · 155 to 167
        Oct 12, 2023 to Mar 30, 2024
      • Private funds · 37 to 39
        Oct 12, 2023 to Mar 30, 2024
      • Discretionary RAUM · $38B to $42B
        Oct 12, 2023 to Mar 30, 2024
      • Pooled vehicle RAUM · $15B to $16B
        Oct 12, 2023 to Mar 30, 2024
      • RAUM · $38B to $42B
        Oct 12, 2023 to Mar 30, 2024
      • Accounts · 55 to 53
        Jun 30, 2023 to Aug 28, 2023
      • Pooled vehicle clients · 42 to 37
        Jun 30, 2023 to Aug 28, 2023
      • Assets in custody · $7.8B to $320M
        Jun 30, 2023 to Aug 28, 2023
      • Employees · 149 to 155
        Jun 30, 2023 to Aug 28, 2023
      Signals
      22 dated events
      • Beth Charmagne Kukulka (Principal, Chief Compliance Officer) appeared on Schedule A of Churchill Asset Management Llc
        Mar 30, 2024 · Control person joined · fact
      • Emil Thomas Grenville (Chief Compliance Officer) no longer on Schedule A of Churchill Asset Management Llc (listed 2023-03-31, absent 2023-06-30)
        Jun 30, 2023 · Control person left · inference
      • David Durant Schwimmer (Managing Director Capital Markets & Origination) no longer on Schedule A of Churchill Asset Management Llc (listed 2022-03-31, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Bidden Christopher Cox (Senior Managing Director, Chief Risk Officer) no longer on Schedule A of Churchill Asset Management Llc (listed 2022-03-31, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Manuel Jose Minaya (Senior Managing Director) no longer on Schedule A of Churchill Asset Management Llc (listed 2022-03-31, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Alan David Heilbrunn (Senior Managing Director,Head Of Product Development And Capital Raising) no longer on Schedule A of Churchill Asset Management Llc (listed 2022-03-31, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Ian Mathew Linett (Senior Managing Director) no longer on Schedule A of Churchill Asset Management Llc (listed 2022-03-31, absent 2023-03-31)
        Mar 31, 2023 · Control person left · inference
      • Churchill Asset Management Llc reported RAUM $26.8B, up 50% from $17.9B (2021-04-22 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Churchill Asset Management Llc reported RAUM $17.9B, up 163% from $6.8B (2020-12-11 to 2021-03-31)
        Mar 31, 2021 · RAUM change · derived
      • Emil Thomas Grenville (Chief Compliance Officer) appeared on Schedule A of Churchill Asset Management Llc
        Dec 11, 2020 · Control person joined · fact
      • Antonette Heather Mcfarland (Chief Compliance Officer) no longer on Schedule A of Churchill Asset Management Llc (listed 2020-03-30, absent 2020-12-11)
        Dec 11, 2020 · Control person left · inference
      • Churchill Asset Management Llc reported RAUM $6.8B, up 45% from $4.7B (2019-03-29 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Franklin George Kurteson (Managing Director Underwriting & Portfolio Management) no longer on Schedule A of Churchill Asset Management Llc (listed 2019-03-29, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • Keith Brian Roelke (Manager And Managing Director, Head Of Corporate Finance Originations) no longer on Schedule A of Churchill Asset Management Llc (listed 2019-03-29, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • Lynn Heather Davis (Manager And Chief Investment Officer, Tiaa Global Real Assets) no longer on Schedule A of Churchill Asset Management Llc (listed 2019-03-29, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • Clark Heather Mcnally (Senior Vice President) no longer on Schedule A of Churchill Asset Management Llc (listed 2019-03-29, absent 2020-03-30)
        Mar 30, 2020 · Control person left · inference
      • Ian Mathew Linett (Senior Managing Director) appeared on Schedule A of Churchill Asset Management Llc
        Mar 30, 2020 · Control person joined · fact
      • Churchill Asset Management Llc reported RAUM $4.7B, up 104% from $2.3B (2019-03-25 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • Guy Claude Alastair Merrick (Senior Adviser) no longer on Schedule A of Churchill Asset Management Llc (listed 2019-03-25, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      • Joseph Keith Ryan (Controller) no longer on Schedule A of Churchill Asset Management Llc (listed 2019-03-25, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      • Churchill Asset Management Llc reported RAUM $2.3B, up 72% from $1.3B (2017-09-29 to 2018-03-30)
        Mar 30, 2018 · RAUM change · derived
      • Tiaa-Cref Holdco Subsidiary, Llc filed its initial SEC registration (Form ADV)
        Mar 10, 2015 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/churchill-asset-management/?viewasmembereportedpublic record, Form ADV, Sep 17, 2026
      Website
      ncdl.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      212-478-9200reportedpublic record, Form ADV, Jun 15, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Other adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026