Katherine Elmore-Jones has been named as head of private equity business development in Europe at Nuveen Private Capital, according to a news release.
NPC is made up of Churchill Asset Management and Arcmont Asset Management, representing its U.S. and European asset management arms, respectively.
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, Ms. Elmore-Jones will be focused on partnering with European institutional investors to develop tailored private equity solutions.
Elmore-Jones’ work will also build upon Churchill’s existing private equity platform, which has $17.5 billion of committed capital, nearly $11 billion of which is invested in middle market private equity fund commitments.
“Katherine brings an established track record of building and fostering investor relationships in Europe. Her deep understanding of their investment goals and of the private equity landscape make her a great fit for this position,” said Freeze in the news release. “We welcome her to our growing team and are excited to build upon our strong momentum as we scale our business development efforts across the globe.”
Elmore-Jones joins from The Carlyle Group where she was a managing director and partner on the European investor relations team. Carlyle did not immediately respond to a request for comment regarding a replacement.
NPC was formed in March 2023 following Nuveen’s majority acquisition of Arcmont, which in combination with Churchill, created a $75 billion private capital platform and one of the world’s largest private credit managers.
Collectively, Churchill and Arcmont have deployed nearly $20 billion in support of U.S. and European private equity firms and their portfolio companies over the last twelve months ended Sep 30.
As a wider financial group, Nuveen had $1.2 trillion in assets under management as of June 30.
