Nuveen Churchill Direct Lending (NCDL) Invested Capital (2022 - 2026)

Nuveen Churchill Direct Lending has disclosed Invested Capital across 5 years of filings, most recently posting $864.1 million for Q1 2026.

• Invested Capital for Q1 2026 came in at $864.1 million, down 6.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $864.1 million (down 6.08% YoY), and the FY2025 annual result was $875.2 million, down 9.81% from the prior year.
• Invested Capital came in at $864.1 million for Q1 2026 at Nuveen Churchill Direct Lending, down from $875.2 million in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $998.2 million in Q1 2024 to a low of $402.7 million in Q1 2022.
• The 5-year median for Invested Capital is $864.1 million (2026), against an average of $744.7 million.
• Across the five-year window, Invested Capital soared 92.88% in 2024 and dropped 11.02% in 2025, its largest moves.
• Nuveen Churchill Direct Lending's Invested Capital stood at $525.0 million in 2022, then soared by 42.47% to $747.9 million in 2023, then grew by 29.74% to $970.3 million in 2024, then retreated by 9.81% to $875.2 million in 2025, then declined by 1.26% to $864.1 million in 2026.
• The last three Invested Capital figures came in at $864.1 million (Q1 2026), $875.2 million (Q4 2025), and $881.5 million (Q3 2025), per Business Quant data.