Nuveen Churchill BDC V Acquired by Nuveen Churchill Private Capital Income Fund | Financial Services M&A Deal

Nuveen Churchill Private Capital Income Fund has acquired Nuveen Churchill BDC V, a financial services other business in New York, for $337,301,756. Nuveen Churchill BDC V is a business development company platform holding portfolio assets and related liabilities, with an existing credit facility supporting its investment strategy. The Nuveen Churchill Private Capital Income Fund acquisitions focus on expanding financial services M&A exposure through a divestiture acquisition structure in NY. The strategic acquisition is announced and proposed via a Purchase and Sale Agreement dated April 1, 2026, with consideration based on Nuveen Churchill BDC V net asset value as of the determination date. Shareholders are being asked to approve the Nuveen Churchill BDC V acquisition, including withdrawal of BDC regulation under the Investment Company Act of 1940.