Teachers Insurance & Annuity Association Of America - Jul 31, 2025 Form 4 Insider Report for Nuveen Churchill Private Capital Income Fund

Role: 10%+ Owner
Signature: John McCally, Managing Director and Assistant Secretary
Transactions as of: Jul 31, 2025
Transactions value $: -$6,483,500
Form type: 4
Date filed: 10/2/2025, 05:48 PM
Previous filing: Jul 2, 2025
Next filing: Aug 5, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA	10%+ Owner	730 3RD AVENUE, NEW YORK	John McCally, Managing Director and Assistant Secretary	2025-10-02	0000315038

Transactions Table

Type	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	Class I	Disposed to Issuer	-$3.21M	-131K	-7.39%	$24.52	1.64M	Jul 31, 2025	Through a private fund	F1
transaction	Class I	Disposed to Issuer	-$3.27M	-134K	-8.13%	$24.48	1.51M	Aug 31, 2025	Through a private fund	F2
holding	Class I						2.26M	Jul 31, 2025	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	1,087,107 Class I Shares is held indirectly through a private fund in which TIAA is the sole investor. 556,401.90 Class I shares is held indirectly through a private fund that TIAA controls. On July 31, 2025, TIAA redeemed shares in the private fund that it controls and the redeemed shares of such private fund were calculated based on the translated US dollar equivalent of the redemption amount divided by Nuveen Churchill Private Capital Income Fund's net asset value as of July 31, 2025, which resulted in a reduction of TIAA's indirect beneficial ownership in Nuveen Churchill Private Capital Income Fund.
F2	1,087,107 Class I Shares is held indirectly through a private fund in which TIAA is the sole investor. 422,823.47 Class I shares is held indirectly through a private fund that TIAA controls. On August 31, 2025, TIAA redeemed shares in the private fund that it controls and the redeemed shares of such private fund were calculated based on the translated US dollar equivalent of the redemption amount divided by Nuveen Churchill Private Capital Income Fund's net asset value as of August 31, 2025, which resulted in a reduction of TIAA's indirect beneficial ownership in Nuveen Churchill Private Capital Income Fund.

Content

1,087,107 Class I Shares is held indirectly through a private fund in which TIAA is the sole investor. 556,401.90 Class I shares is held indirectly through a private fund that TIAA controls. On July 31, 2025, TIAA redeemed shares in the private fund that it controls and the redeemed shares of such private fund were calculated based on the translated US dollar equivalent of the redemption amount divided by Nuveen Churchill Private Capital Income Fund's net asset value as of July 31, 2025, which resulted in a reduction of TIAA's indirect beneficial ownership in Nuveen Churchill Private Capital Income Fund.

1,087,107 Class I Shares is held indirectly through a private fund in which TIAA is the sole investor. 422,823.47 Class I shares is held indirectly through a private fund that TIAA controls. On August 31, 2025, TIAA redeemed shares in the private fund that it controls and the redeemed shares of such private fund were calculated based on the translated US dollar equivalent of the redemption amount divided by Nuveen Churchill Private Capital Income Fund's net asset value as of August 31, 2025, which resulted in a reduction of TIAA's indirect beneficial ownership in Nuveen Churchill Private Capital Income Fund.