Nuveen Churchill Direct Lending (NCDL) Long-Term Investments (2022 - 2026)

Nuveen Churchill Direct Lending recorded quarterly Long-Term Investments of $2.0 billion in Q1 2026, up 0.68% quarter-over-quarter from $2.0 billion in Q4 2025, and down 4.9% year-over-year from $2.1 billion in Q1 2025.

Nuveen Churchill Direct Lending's Long-Term Investments history runs 5 years deep, the most recent figure standing at $2.0 billion for Q1 2026.

  • In Q1 2026, Long-Term Investments fell 4.9% year-over-year to $2.0 billion; the TTM figure through Mar 2026 stood at $2.0 billion (down 4.9% YoY), while the FY2025 annual figure was $2.0 billion, down 5.71% from the prior year.
  • Long-Term Investments came in at $2.0 billion for Q1 2026 at Nuveen Churchill Direct Lending, up from $2.0 billion in the prior quarter.
  • In the past five years, Long-Term Investments ranged from a high of $2.1 billion in Q4 2024 to a low of $2.1 million in Q1 2023.
  • A 5-year average of $1.5 billion and a median of $2.0 billion in 2025 frame the typical range for Long-Term Investments.
  • Across the five-year window, Long-Term Investments soared 87141.57% in 2024 and dropped 5.71% in 2025, its largest moves.
  • Nuveen Churchill Direct Lending's Long-Term Investments stood at $1.2 billion in 2022, then jumped by 36.76% to $1.6 billion in 2023, then advanced by 26.78% to $2.1 billion in 2024, then fell by 5.71% to $2.0 billion in 2025, then grew by 0.68% to $2.0 billion in 2026.
  • According to Business Quant data, Long-Term Investments over the past three periods registered $2.0 billion, $2.0 billion, and $2.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Investments (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 14.57 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 32.75 Bn
3 Kkr 84.94 Bn 132.45 Bn - 77.47 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 2.39 Bn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 3.10 Bn
6 State Street 44.42 Bn 18.75 Bn - 586.00 Mn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 2.51 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - -1.48 Bn
10 Nuveen Churchill Direct Lending 661.29 Mn 651.05 Mn - 1.98 Bn

Historic Data

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DateValue
Mar 31, 2026 1.98 Bn
Dec 31, 2025 1.96 Bn
Sep 30, 2025 1.97 Bn
Jun 30, 2025 1.99 Bn
Mar 31, 2025 2.08 Bn
Dec 31, 2024 2.08 Bn
Sep 30, 2024 2.05 Bn
Jun 30, 2024 1.99 Bn
Mar 31, 2024 1.79 Bn
Dec 31, 2023 1.64 Bn
Sep 30, 2023 9.50 Mn
Jun 30, 2023 7.85 Mn
Mar 31, 2023 2.06 Mn
Dec 31, 2022 1.20 Bn