Churchill Asset Management and Arcmont Asset Management, the U.S. and European operating companies of Nuveen Private Capital, announced the appointment of Jamal Hammoud as Managing Director and Senior Investment Strategist. Hammoud will be responsible for supporting and amplifying Churchill’s and Arcmont’s (collectively, Nuveen Private Capital’s) presence and fundraising efforts in the Middle East.
Nuveen Private Capital formed in March 2023 when Nuveen acquired London-based Arcmont, which in combination with Churchill, has created a $74 billion private capital platform and one of the world’s largest private credit managers.
Hammoud will be employed by Churchill, based in its New York City office, and will spend a significant amount of time on the ground in the Middle East. He will partner with distribution colleagues from Nuveen, Churchill and Arcmont to tap into the growing demand from Middle Eastern institutions for private capital solutions and will report to Churchill’s Head of Investor Relations, Christopher Freeze.
“Private capital is emerging as a core part of institutional investors’ strategic asset allocations globally both for the potential yield it provides and risk-adjusted returns,” said Mr. Freeze. “Middle Eastern investors are seeing the value and the region is becoming an increasingly important market. We are thrilled to have Jamal join the team, as his investment expertise, client-first mentality and knowledge of local market dynamics will be very valuable as we grow our presence.”
Hammoud brings over two decades of experience to the role. He joins from Credit Value Partners, where he oversaw business development and investor relations, identifying investors in the Middle East and other regions, interested in opportunistic credit strategies. Before that, he held roles at Milestones Capital, Wall Street Global and Merrill Lynch.
Hammoud added, “Churchill’s and Arcmont’s scaled platforms, with time-tested track records and differentiated deal sourcing, provide a variety of unique investment opportunities across the capital structure to institutions looking to access the U.S. and European middle markets. I look forward to strengthening our partnerships with Middle Eastern institutions and working together to help them achieve their investment objectives.”
Hammoud’s appointment represents another senior addition to Nuveen Private Capital’s growing team of over 265 professionals.