Tennenbaum Capital Partners

Tennenbaum Capital Partners General Information

Description

Tennenbaum Capital Partners was an alternative investment firm focused on direct lending, buyouts, special situations, turnaround, corporate divestitures, refinance, recapitalization and growth investments. Additionally, the firm provided venture debt, rescue loans, and acquisition financing. TCP managed funds and accounts on behalf of global institutional investors. It also managed a publicly-traded business development company, TCP Capital Corporation. The firm focused on investing in companies operating in the aerospace and defense, automotive, business services, energy, chemicals, retail, energy, engineering and construction, financial services, paper and packaging, housing and building products, industrial and manufacturing, natural resource, metals and mining, media and telecom, transpiration and logistics, healthcare and information technology sectors. TCP was headquartered in Los Angeles, California with additional offices in New York, Atlanta, and San Francisco. On August 1, 2018, the firm was acquired by BlackRock, Inc.