Churchill Summer Internship, Private Equity & Junior Capital

TIAA•Charlotte, NC

7d•Onsite

About The Position

Churchill, an investment-specialist affiliate of Nuveen (the asset manager of TIAA), provides customized financing solutions to U.S. middle market private equity firms and their portfolio companies across the capital structure. With over $52 billion of committed capital, we provide first lien, unitranche, second lien and mezzanine debt, in addition to equity co-investments, secondary solutions and private equity fund commitments. Churchill has a long history of disciplined investing across multiple economic cycles and our unique origination strategy and investment approach are driven by nearly 200 professionals in New York, Charlotte, Chicago, Dallas and Los Angeles. At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients’ lives grows stronger.

Requirements

Preferred candidate will be a rising Junior or rising Senior (Class of 2028 or 2029) expected to graduate with a Bachelor’s Degree in Finance, Computational Finance, Economics, Accounting or other quantitively focused curriculum
Strong attention to detail; careful review of facts and figures, quick to identify errors, ensure consistency of information
Superior Excel and financial modeling skills, with demonstrated ability to express complex ideas in a clear and concise manner
Knowledge of the middle market levered lending market, customers and competitors strongly preferred
Outstanding interpersonal and written communication skills, with the ability to synthesize and convey complex business and marketing concepts, effective and strong active listening skills
Proven track record of success collaborating in a fast-paced, results driven team environment
Demonstrated leadership skills with an ability to negotiate, influence and gain credibility
Innovative and creative thinker; ability to make connections among previously unrelated notions, ability to project how potential ideas may play out

Responsibilities

Perform quantitative and qualitative analysis to underwrite investment opportunities across junior capital, equity co-investment, and primary funds.
Assist in the preparation of internal memoranda and other materials used to support investment recommendations and to communicate with internal constituents.
Assist with monitoring the performance of existing portfolio investments.
Participate in due diligence meetings with sponsors and portfolio company executives.