Nuveen's Cautionary Tale: A Mid Market Lender's Prudence Amid Market Volatility Amidst market volatility and geopolitical tensions, investment firm Nuveen Churchill Direct Lending Corp.
(NCDL) is taking a measured approach to private credit. Its recent quarterly earnings call offered insight into the strategic decisions being made by mid market lenders like itself.
One key aspect of NCDL's strategy is its focus on traditional middle market companies – those with EBITDA between $10 million and $100 million.