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Nuveen Churchill Direct Lending Corp. reported first quarter 2024 financial results, highlighting net investment income of $0.56 per share and a declared second quarter regular distribution of $0.45 per share. The Company closed on a new CLO and diversified its liability structure. As of March 31, 2024, the fair value of the Company's portfolio investments was $1.8 billion across 195 portfolio companies and 26 industries. Investment income increased to $51.6 million due to higher interest rates, while net expenses rose to $21.9 million primarily due to increased interest and debt financing expenses. The Company had $64.2 million in cash and cash equivalents and $825.5 million in total debt outstanding as of March 31, 2024.