TENNENBAUM CAPITAL PARTNERS, LLC
TENNENBAUM CAPITAL PARTNERS, LLC is a Series C+, buyout, debt and other fund in the US and Europe writing $10M–$125M checks into credit, special-situations, venture-debt, rescue-loans and acquisition-financing.
Not currently making new investments (as of September 23, 2026).
- Stages
- Series C+, buyout, debt, other
- Sectors
- credit, special-situations, venture-debt, rescue-loans, acquisition-financing
- Check size
- $10M–$125M
- Invests in
- US-wide, Europe
- Actively investing
- No
- Founded
- 1999
- Assets under management
- $9 billion
- Website
- tennenbaumcapital.com
Thesis
Tennenbaum Capital Partners (TCP) is an alternative investment management firm founded in 1999, with a primary focus on credit opportunities, particularly within the middle-market sector. The firm's investment strategy centers on direct lending and special situations, aiming to provide tailored credit and equity products to meet complex capital needs. The firm also provided venture debt, rescue loans, and acquisition financing. Its performing credit segment targeted investments ranging from $10 million to $125 million for companies valued between $100 million and $1.5 billion. The special situations group provided $20 million to $125 million for rescue financing, complex situations, or secondary market purchases. Geographically, TCP primarily considered opportunities in North America and Europe. As of December 31, 2017, TCP had approximately $9 billion of committed capital. The firm has made approximately $22 billion in investments across over 560 companies since its founding.
Common questions
Does TENNENBAUM CAPITAL PARTNERS, LLC invest at the Series C+ stage?
Yes. TENNENBAUM CAPITAL PARTNERS, LLC lists Series C+, buyout, debt and other among the stages it invests in.
What check size does TENNENBAUM CAPITAL PARTNERS, LLC write?
TENNENBAUM CAPITAL PARTNERS, LLC writes $10M–$125M checks.
Where does TENNENBAUM CAPITAL PARTNERS, LLC invest?
TENNENBAUM CAPITAL PARTNERS, LLC invests in the US and Europe.