Alternative investment management firm that specialized in performing credit, special situations, and private corporate lending.
Acquired
1999
Santa Monica, CA, US
Tennenbaum Capital Partners operated as a multi-strategy alternative investment management firm focused on middle-market direct lending and credit opportunities. Its investment strategies included senior secured loans, debtor-in-possession financing, and distressed debt investments.
The firm managed billions in committed capital across private funds and a publicly traded business development company. Global asset manager BlackRock acquired the firm in August 2018 to expand its private credit and direct lending capabilities.
Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies8
Current Portfolio Count5
Total Portfolio Exits2
Top Investment Stages
Series D2 (66.7%)
Series B1 (33.3%)
Stage Mix
Series D 67%Series B 33%
Concentration shown as share of disclosed investments by stage.
