Churchill Financial Closes out First Full Year as Leading Middle Market Agent.1Q 2008 Results Even Stronger NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Churchill Financial LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("Churchill Financial"), a leading middle market finance business, closed out its first full year as one of the top four middle market agents in 2007, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Reuters LoanConnector year-end report. The company also finished 2007 as one of the Top 10 traditional middle market lead arrangers Lead arranger The senior tier of arranger in the "Number of Deals" category. Churchill Financial is a subsidiary of Churchill Financial Group, a leading commercial finance and asset management company, which is a portfolio company of BSMB BSMB Bear Stearns Merchant Banking . "Churchill Financial is extremely proud to have accomplished a fourth place agent-tier ranking in our core market in our first year of existence," said George Kurteson, Senior Managing Director and Head of Middle Market Finance for Churchill Financial. He added, "Our expertise in this area and ability to deliver creative solutions continues to make us a go-to lender for private equity sponsors." Additionally, Churchill, despite a changing competitive landscape and challenging market conditions, has not only maintained its leadership position for Q1 2008, but has moved up the rankings to secure the number three slot for leading middle market agents. For further information, please contact Randy Schwimmer, Senior Managing Director and Head of Capital Markets for Churchill Financial at rschwimmer@churchillnet.com or 212.763.4646. About Churchill Financial Group Churchill Financial Group, headquartered in New York, is a leading commercial finance and asset management company. Churchill has three complementary businesses: Churchill Financial, which focuses on providing senior lending to middle market companies; Churchill Capital, which provides subordinated debt Subordinated Debt A loan (or security) that ranks below other loans (or securities) with regard to claims on assets or earnings. Also known as "junior security" or "subordinated loan". financing to middle market companies; and Churchill Pacific, which manages portfolios of CDOs and other fixed income funds. Churchill Financial and Churchill Capital focus on lending to companies backed by leading private equity firms and other investors. Churchill has approximately $2 billion of committed capital to support its financing activities and over $3.5 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . Churchill has offices in New York, Minneapolis, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Chicago and Boston. For more information please visit our Web site at www.churchillnet.com. About BSMB BSMB invests private equity capital in compelling buyouts, recapitalizations and growth capital opportunities alongside superior management teams. Since its formation in 1997, BSMB has been an investor in 67 portfolio companies. BSMB manages over $5 billion of private equity capital. More information about BSMB is available at http://www.bsmb.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion