Nuveen Churchill Direct Lending Plans to Scale Joint Venture to $300 Million
Nuveen Churchill Direct Lending Corp. (NCDL) reported third-quarter 2026 results that aligned with management expectations, characterized by steady operating performance and a resilient investment portfolio. The company highlighted its ability to maintain consistent returns despite broader market conditions. A key strategic focus moving forward is the planned expansion of its joint venture, which management intends to ramp up to approximately $300 million over the coming quarters. This scaling effort aims to drive future growth and increase the scale of its direct lending activities.