Tennenbaum Capital Partners is an alternative investment firm that focuses in direct lending, buyouts, special situations, turnaround, corporate divestitures, refinance, recapitalization and growth investments. Additionally, the firm provides venture debt, rescue loans and acquisition financing. TCP manages funds and accounts on behalf of global institutional investors. It also manages a publicly-traded business development company, TCP Capital Corporation. The firm focuses 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 is headquartered in Los Angeles, California with additional offices in New York and San Francisco. Since 1999, the firm has invested nearly $22 billion in over 560 portfolio companies.