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NEW YORK, Dec. 15, 2022 /PRNewswire/ AustralianSuper, Australia's largest superannuation (pension) fund, today announced a new partnership with Churchill Asset Management ('Churchill'), with an initial instalment of US$250 million, intended to grow substantially over time. The partnership will invest in traditional senior and unitranche loans to private equity-backed U.S. middle market companies. AustralianSuper has over US$4.5 billion (A$7 billion) committed to private credit globally, with an ambition to triple its exposure in coming years through a mix of direct lending by its in house private credit team and strategic partnerships with best-in-class specialist managers such as Churchill. Churchill is the US$42 billion private capital investment specialist of Nuveen, the asset manager of TIAA2. Churchill has a proven 16-year track record of disciplined investing in middle market senior loans across economic cycles and is one of the most active lenders in the industry i