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Deals A Little 'Frothy', Need to Be 'Picky': Churchill's Schwimmer

Dec.10 -- On "Bloomberg Money Undercover", Randy Schwimmer, head of origination and capital markets at Churchill Asset Management, speaks with Bloomberg's Lisa Abramowicz. The firm, an affiliate of Nuveen, has $6.8 billion in committed capital under management. Schwimmer has seen the firm's deal pipeline accelerate in the last couple weeks, and believes sponsors are increasingly concerned about 2020, particularly the U.S. election outcome.