Skip to main content

Year Founded: 1898

AUM: $1.00Tn | Dry Powder: $112.73M
333 West Wacker Drive, Chicago, IL 60606, US
Nuveen Investments is a provider of investment services to institutions and high net worth investors to help them secure their long-term goals. It seeks to acquire other companies whose businesses can be integrated into its existing operations. It also provides appraisal services for various industries

Key Contacts

  • Jose Minaya
    Chief Executive Officer
  • Jacques Longerstaey
    Chief Risk Officer
  • Bradley Finkle
    Chief Operating Officer

Investment Preferences

  • Preferred Industries
    Capital Markets/Institutions
  • Geographical Preference
    US
  • Preferred Deal Types
    Add-on, Buyout/LBO, Merger/Acquisition
  • Other Investment Preferences
    • Prefers majority stake
    • Seeks ESG investments
    • Seeks Impact investments

Investments By Year

Source: Pitchbook

Funds Closed

U.S. Strategic Industrial Fund II
Vintage: 2021

Size: N/A

Dry Powder: N/A

DetailsThe Fund targets  investments in industrial properties

Nuveen Global Impact Fund
Vintage: 2020

Size:  $218.0M

Dry Powder: $112.7M

Details: The Fund targets to invest in waste management, climate and Energy

Pan-European Value-Added Venture II
Vintage: 2018

Size: $734.7M

Dry Powder: $159.2M

Details: Fund seeks to invest in and create value from underperforming assets

Investments By Industry

Investments By Region

Source: Pitchbook

Key Investments

In March 2022, SolaREIT, a leading solar real estate investment fund, closed on a $100 million securitization of solar leases with Nuveen. The expansion aims to increase access to low-cost capital in the commercial and mid-sized solar development sector, including community solar

In November 2021, Glennmont Partners and Nuveen acquired 100% of the share capital of Sirocco Winco 2, a portfolio of onshore wind projects in Albacete and Andalucia, from Sirocco Power. This investment is Glennmont’s first acquisition in the Spanish wind market and hence it is made up of four assets with a combined capacity of 98.7MW: La Escalereta II (23.63MW), La Estancia (7.8MW), Chinchilla (27.30MW) and Barrax (39.70MW)

In October 2021, Ørsted signed an agreement with Glennmont Partners, who will be acquiring a 50% ownership share in Ørsted’s 900MW German offshore wind farm Borkum Riffgrund 3. The wind farm is expected to be commissioned in 2025

In June 2021, Nuveen acquired Greenworks Lending, a preeminent C-PACE capital provider dedicated to funding energy performance-enhancing commercial, multi-family and non-profit real estate projects. As a result of the acquisition, Nuveen will get a foothold in the clean energy and energy efficiency lending market

In January 2021, Nuveen acquired Glennmont Partners to meet increasing global demand for environmentally responsible investments. Glennmont runs more than $2 billion in assets. It raises long-term capital to invest in alternative power generation projects, including onshore and offshore wind farms, biomass power stations, and small-scale hydroelectric power plants

As of August 2019, FirstEnergy Solutions and its affiliates filed for approval from the Federal Energy Regulatory Commission to sell at least 50% of the company to two of its creditors. Under the deal, subsidiaries of Nuveen Asset Management and Avenue Capital Management II would respectively own 35% and 15% of the holding company that would own a reorganized FirstEnergy Solutions Corp., FirstEnergy Generation and FirstEnergy Nuclear Generation

In June 2019, Nuveen Real Estate, the investment management arm of Teachers Insurance & Annuity Association, acquired Gouden Bocht, located in the canal district of Amsterdam, Netherlands, on behalf of their Cityhold Office Partnership for a total consideration of approximately €126 million. The estate was predominantly built in the 17th Century and has been classified as a UNESCO World Heritage Site, retaining many of its original features

In June 2019, Nuveen Real Estate acquired a distribution development in Zaltbommel, The Netherlands, from Somerset Capital Partners, a core logistics developer. The investment manager was supported by Cording Real Estate Group B.V. as its partner for logistics transactions in Benelux

Other Details

Nuveen is the investment management arm of TIAA. The firm features in the list of top 5 real estate investment managers globally. Under the leadership of TIAA, it invests in the growth of businesses, real estate, farmland, forests and infrastructure while building lifetime relationships with clients from all over the globe. The firm employs c.3,000 associates

Nuveen’s latest closed fund Nuveen Global Impact Fund is a 2020 vintage private equity growth expansion fund. Its current size is $218.00 million, and it invests globally in energy and financial services sectors

Accel, AEW Capital Management, Airtech Group, AlpInvest Partners, B&I Capital, BlackRock, BlackRock Fund Advisors, Connecticut Innovations, EagleTree Capital, Fidelity Management & Research, JF Asset Management, Morgan Stanley Investment, NXT Capital, Qinvest, Shoreline Equity Partners, Triple Jump are some of the institutional investors who invest along with Nuveen

Source: Company Website, SparkSpread, Renewablesnow