PCAP Appoints Jeffrey R. Scott as Independent Trustee

TL;DR

**PCAP just added a new independent trustee, Jeffrey R. Scott, to its board and key committees.**

AI Summary

Nuveen Churchill Private Capital Income Fund (PCAP) filed an 8-K to announce the appointment of Mr. Jeffrey R. Scott as an independent trustee, effective June 17, 2024. Mr. Scott will serve on the Audit Committee, Nominating and Governance Committee, and Pricing Committee. This appointment expands the board's independent oversight, which is generally positive for shareholders as it can lead to better corporate governance and decision-making, potentially enhancing long-term value.

Why It Matters

The addition of an independent trustee like Mr. Scott can strengthen board oversight and improve corporate governance, which is often viewed favorably by investors.

Risk Assessment

Risk Level: low — This filing reports a routine board appointment, which typically carries very low risk for investors.

Analyst Insight

Smart investors would view this as a standard corporate governance update, potentially slightly positive, but unlikely to be a primary driver for investment decisions.

Key Players & Entities

• Jeffrey R. Scott (person) — appointed as an independent trustee
• Nuveen Churchill Private Capital Income Fund (company) — the issuer of the 8-K filing
• June 17, 2024 (date) — effective date of Mr. Scott's appointment

Forward-Looking Statements

• The addition of an independent trustee will enhance corporate governance. (Nuveen Churchill Private Capital Income Fund) — medium confidence, target: 2025-06-17

FAQ

Key Financial Figures

• $24.39 — s of November 30, 2025 Class I shares $24.39 Class S shares $24.32 Class D shares
• $24.32 — Class I shares $24.39 Class S shares $24.32 Class D shares $24.39 As of November
• $1.4 b — Fund's aggregate NAV was approximately $1.4 billion, the fair value of its investment
• $2.1 b — r value of its investment portfolio was $2.1 billion, and it had $748.5 million in sec
• $748.5 million — portfolio was $2.1 billion, and it had $748.5 million in secured borrowings outstanding. As
• $0.170 — et Total Distributions Class I shares $0.170 $— $0.170 Class S shares $0.170 $0.017
• $0.017 — $0.170 $— $0.170 Class S shares $0.170 $0.017 $0.153 Class D shares $0.170 $0.005 $0
• $0.153 — $— $0.170 Class S shares $0.170 $0.017 $0.153 Class D shares $0.170 $0.005 $0.165
• $0.005 — 70 $0.017 $0.153 Class D shares $0.170 $0.005 $0.165 Portfolio Update As of Novem
• $0.165 — 17 $0.153 Class D shares $0.170 $0.005 $0.165 Portfolio Update As of November 30,
• $2.1 billion — ortfolio companies with an aggregate of $2.1 billion (at cost) in investments and an average
• $88.0 million — stments and excluding quoted assets) of $88.0 million. Including all quoted assets as of Nove
• $193.7 million — d a weighted average reported EBITDA of $193.7 million. EBITDA amounts are derived from the mo

Filing Documents

• ncpif-20251229.htm (8-K) — 87KB
• 0001628280-25-058945.txt ( ) — 226KB
• ncpif-20251229.xsd (EX-101.SCH) — 2KB
• ncpif-20251229_def.xml (EX-101.DEF) — 14KB
• ncpif-20251229_lab.xml (EX-101.LAB) — 24KB
• ncpif-20251229_pre.xml (EX-101.PRE) — 14KB
• ncpif-20251229_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events. Net Asset Value In accordance with Nuveen Churchill Private Capital Income Fund's (the "Fund") valuation policy, the Fund intends to sell its shares on the first business day of each month at an offering price that it believes reflects the net asset value ("NAV") per share at the end of the preceding month. The table below sets forth the public offering prices for the Fund's Class I, Class S, and Class D shares of beneficial interest, which was approximately equal to their respective NAV per share. NAV as of November 30, 2025 Class I shares $24.39 Class S shares $24.32 Class D shares $24.39 As of November 30, 2025, the Fund's aggregate NAV was approximately $1.4 billion, the fair value of its investment portfolio was $2.1 billion, and it had $748.5 million in secured borrowings outstanding. As of November 30, 2025, the Fund's Class I, Class S, and Class D shares of beneficial interest generated the following returns: 1 Inception date 1-Month 3-Month Year to Date 1-Year 3-Years Since Inception Class I shares March 30, 2022 0.74% 1.98% 7.40% 8.39% 11.67% 11.16% Class S shares October 2, 2023 0.64% 1.74% 6.57% 7.49% —% 9.82% Class D shares October 2, 2023 0.72% 1.92% 7.21% 8.18% —% 10.67% Distributions On December 26, 2025 , t he Fund's board of trustees (the "Board") declared regular distributions for each class of its shares of beneficial interest in the amounts per share set forth below. The regular distributions are payable to shareholders of record as of December 31, 2025 and the payment date is on or about January 29, 2026. Gross Regular Distributions Shareholder Servicing Fee Net Total Distributions Class I shares $0.170 $— $0.170 Class S shares $0.170 $0.017 $0.153 Class D shares $0.170 $0.005 $0.165 Portfolio Update As of November 30, 2025, the Fund had debt investments and equity investments in 314 portfolio companies with an aggregate of $2.1 billion (at cost) in investments and an average position si

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Nuveen Churchill Private Capital Income Fund Date: December 29, 2025 By: /s/ Kenneth J. Kencel Kenneth J. Kencel Chief Executive Officer and President

View Full Filing

View this 8-K filing on SEC EDGAR