NCDL
NYSE · Financial Services · Asset Management · US
Nuveen Churchill Direct Lending Corp. (NYSE:NCDL) is a business development company that was formed in March 2018 and began operations after converting to a Maryland corporation in June 2019. The company completed its initial public offering on the New York Stock Exchange in January 2024, marking its transition from a private investment vehicle to a publicly traded entity. NCDL operates as a closed-end, externally managed investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The company focuses on providing debt financing to middle-market companies across the United States, leveraging its extensive network of private equity relationships to source investment opportunities.