Nuveen Churchill Direct Lending (NCDL) Assets Average (2023 - 2026)
Nuveen Churchill Direct Lending recorded quarterly Assets Average of $2.1 billion in Q1 2026, little changed quarter-over-quarter from $2.0 billion in Q4 2025, and down 4.94% year-over-year from $2.2 billion in Q1 2025.
Nuveen Churchill Direct Lending's Assets Average history runs 4 years deep, the most recent figure standing at $2.1 billion for Q1 2026.
- In Q1 2026, Assets Average fell 4.94% year-over-year to $2.1 billion; the TTM figure through Mar 2026 stood at $2.1 billion (down 4.94% YoY), while the FY2025 annual figure was $2.1 billion, up 8.35% from the prior year.
- Assets Average came in at $2.1 billion for Q1 2026 at Nuveen Churchill Direct Lending, roughly flat from $2.0 billion in the prior quarter.
- In the past five years, Assets Average ranged from a high of $2.2 billion in Q1 2025 to a low of $1.3 billion in Q1 2023.
- A 4-year average of $1.9 billion and a median of $2.0 billion in 2025 frame the typical range for Assets Average.
- Across the five-year window, Assets Average jumped 44.91% in 2024 and slipped 4.94% in 2026, its largest moves.
- Nuveen Churchill Direct Lending's Assets Average stood at $1.6 billion in 2023, then surged by 31.02% to $2.1 billion in 2024, then dropped by 4.36% to $2.0 billion in 2025, then climbed by 0.15% to $2.1 billion in 2026.
- According to Business Quant data, Assets Average over the past three periods registered $2.1 billion, $2.0 billion, and $2.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 170.12 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 48.02 Bn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 411.11 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 17.49 Bn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 464.24 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 379.11 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 187.68 Bn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 175.85 Bn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 28.51 Bn |
| 10 | Nuveen Churchill Direct Lending | 661.29 Mn | 651.05 Mn | - | 2.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.05 Bn |
| Dec 31, 2025 | 2.05 Bn |
| Sep 30, 2025 | 2.06 Bn |
| Jun 30, 2025 | 2.12 Bn |
| Mar 31, 2025 | 2.16 Bn |
| Dec 31, 2024 | 2.14 Bn |
| Sep 30, 2024 | 2.11 Bn |
| Jun 30, 2024 | 1.98 Bn |
| Mar 31, 2024 | 1.80 Bn |
| Dec 31, 2023 | 1.63 Bn |
| Sep 30, 2023 | 1.47 Bn |
| Jun 30, 2023 | 1.37 Bn |
| Mar 31, 2023 | 1.29 Bn |