Churchill Asset Management, the U.S. asset management company of Nuveen Private Capital (“NPC”), announced Brynjar Agnarsson has joined as a Managing Director and Senior Investment Strategist, focused on developing U.S. private credit solutions for EMEA investors. He will report to Michael Foley, Head of Institutional at Churchill.   

In this role, Agnarsson will support NPC’s global business development team and Nuveen’s Global Client Group to ensure access to Churchill’s U.S. senior lending and junior capital strategies across EMEA. With over $56 billion in committed capital, Churchill has provided flexible financing solutions to U.S. private equity backed-middle market companies for nearly two decades and is one of the most active direct lenders in the country. 

“There is a growing appetite among European institutions for U.S. middle market private credit solutions, given their potential for attractive risk-adjust returns, resilience through market cycles, and portfolio diversification,” said Mr. Foley. “Brynjar’s extensive experience in private credit and strong relationships across Europe will build upon NPC’s already significant investor base in the region and further enhance our ability to deliver tailored solutions that meet clients’ needs.” 

Agnarsson joins from PJT Park Hill Group, where he served as a Managing Director advising investors across Europe on private placements for alternative investment funds. Prior to that, he spent eight years at The Carlyle Group responsible for private credit fundraising across EMEA. 

Agnarsson added, “I'm excited to represent Churchill's leading U.S. middle market franchise through NPC's integrated global platform. European investors value managers with geographic diversification, proven track records and differentiated private equity relationships—areas where Churchill has established clear market leadership. I look forward to expanding these partnerships and building new ones across the region.”