LONDON–(BUSINESS WIRE)–Arcmont Asset Management and Churchill Asset Management, the European and U.S. asset management companies of Nuveen Private Capital, today announced the continued expansion of their pan-European coverage team with the appointment of Ralph Hora as Partner and Head of DACH, Business Development. Mr. Hora will assume this role in October, focusing on building and strengthening Nuveen Private Capital’s coverage and private credit solutions across Germany, Austria and Switzerland. He will be based in Arcmont’s new Frankfurt office and brings over 25 years of regional expertise and relationships to the role.
Previously, Mr. Hora was a Partner and Head of Business Distribution at Pemberton Asset Management for eight years where he led coverage of the DACH region. He also held leadership roles at The Royal Bank of Scotland, including Managing Director, Head of Financial Institution, Insurance and Managing Director, Head of Solution Sales, in addition to positions at Citigroup Global Markets and Commerzbank Securities.
“Ralph has significant experience and a strong network across the German, Austrian and Swiss markets, having partnered with institutional investors throughout the region for well over two decades. His expertise will continue the growth of Nuveen Private Capital’s coverage and provide leading private credit solutions to our growing investor base in the DACH region,” said Anthony Fobel, CEO Arcmont Asset Management. “We look forward to welcoming Ralph to our team as we continue to strengthen the firm’s growing presence across Europe.”
Nuveen Private Capital was formed in March 2023 following Nuveen’s majority acquisition of Arcmont, which in combination with Churchill, created a $74 billion private capital platform and one of the world’s largest private credit managers. Collectively, Arcmont and Churchill have deployed over $18 billion in support of European and U.S. private equity firms and their portfolio companies. Nuveen Private Capital was recently recognized as the 2024 Lender Firm of the Year by the International M&A Awards.
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