Donner Appointed as Head of Nordics Business Development by Nuveen

People | Dec 02, 2024 | Churchill Asset Management LLC

Donner Appointed as Head of Nordics Business Development by Nuveen

Nuveen Private Capital, a significant player in the asset management sector, has appointed Otto Donner as the Head of Nordics Business Development as part of its strategic efforts to expand European client coverage. Donner, who brings over two decades of regional experience, aims to enhance Nuveen's market solutions across the Nordic region where he will be based in Arcmont's Stockholm office. Previously, Donner held pivotal roles at M&G Investments, BMO Global Asset Management, and East Capital Asset Management, focusing on building and managing relationships with institutional investors in the Nordic markets. His appointment is seen as pivotal as Nuveen Private Capital continues to build upon its existing extensive investor base in the Nordics, a region marked by strong investment opportunities and relationships. This strategic hire complements Nuveen's recent European appointments, reinforcing its capacity in private equity and credit markets while bolstering its presence across the continent. Additionally, Nuveen's platform, formed post its acquisition of Arcmont, has notably supported numerous private equity endeavors, with $20 billion deployed over the past year, underscoring its preeminence in the global private market space.

Sectors

  • Asset Management
  • Private Equity
  • Financial Services

Geography

  • Nordics – The primary focus of the appointment is on developing the business in the Nordic countries.
  • Europe – The broader strategy involves expanding client coverage across Europe.
  • Sweden – Otto Donner will be based in the Stockholm office, signifying Sweden's importance in Nuveen's regional strategy.

Industry

  • Asset Management – The article discusses strategic appointments and business development roles within asset management firms focused on expanding their coverage and offerings in the European markets.
  • Private Equity – The article highlights the role of Nuveen Private Capital and its affiliates which operate significantly in private equity and private credit markets.
  • Financial Services – Central to the discussion is the development of financial service offerings across Europe, particularly through newly appointed key figures in the sector.

Financials

  • $75 billion – The size of the private capital platform created after Nuveen's acquisition of Arcmont.
  • $20 billion – Amount deployed by Churchill and Arcmont supporting U.S. and European private equity firms over the past year.
  • $1.3 trillion – Total assets under management by Nuveen as of September 30, 2024.

Participants

NameRoleTypeDescription
Nuveen Private CapitalTarget CompanyCompanyAn asset management firm looking to expand its European operations and capabilities, particularly in the Nordics.
Otto DonnerKey AppointmentPersonAppointed as Head of Nordics Business Development, bringing experience from firms like M&G Investments and BMO Global Asset Management.
Arcmont Asset ManagementAffiliateCompanyAn affiliate of Nuveen, focusing on providing flexible capital solutions to European businesses.
Churchill Asset ManagementAffiliateCompanyAn affiliate of Nuveen that provides financing solutions to U.S. middle market private equity firms.
TIAAMajority OwnerCompanyThe ultimate parent company of Nuveen, which is the investment manager for its subsidiaries.
M&G InvestmentsFormer EmployerCompanyPreviously employed Otto Donner as Head of Nordics, Sales, and Business Development.
BMO Global Asset ManagementFormer EmployerCompanyOtto Donner served as Director of Sales and Business Development for Nordic institutional investors.
East Capital Asset ManagementFormer EmployerCompanyOne of Otto Donner's former employers where he held the position of Head of Nordics Business Development.