Company Overview of Tennenbaum Capital Partners, LLC
Tennenbaum Capital Partners, LLC is an investment firm specializing in direct and secondary direct investments. For direct investments, it specializes in turnaround, PIPES, buyout, industry consolidation, corporate divestitures, complex ownership changes, and recapitalization investments in middle market companies. The firm typically invests in companies that are facing rapid secular or cyclical change or legal, operational, and financial challenges; turnarounds; restructurings; and bankruptcies. It also participates in. The firm prefers to make investments in technology, healthcare, energy and power, aerospace, media and business services, retail and consumer services, real estate, telecomm...
2951 28th Street
Santa Monica, CA 90405
Founded in 1996
Key Executives for Tennenbaum Capital Partners, LLC
Managing Partner and Member of Management Committee
Managing Partner and Chairman of Management Committee; Chief Executive Officer
Senior Managing Partner; Senior Managing Partner
Compensation as of Fiscal Year 2013.
Tennenbaum Capital Partners, LLC Key Developments
Primacom Eyes Assets Of Tele Columbus And Deutsche Telekabel
Oct 23 13
PrimaCom AG (XTRA:PRC) wants an active role in the market's consolidation, Wolf Waschkuhn, Managing director and supervisory board member of Primacom said, and has already made bids for certain assets of Tele Columbus GmbH and for DTK Deutsche Telekabel Verwaltungs GmbH. "We are hunters not hunted. We are ready to be a consolidator", Wolf Waschkuhn, said. "We have put in bids for the Berlin assets of Tele Columbus and for Deutsche Telekabel." Tele Columbus, which is owned by several hedge funds including GoldenTree Asset Management, LP; York Capital Group Limited; and Anchorage International Holdings Corp. (OTCPK:GKNI.D). It has attracted interest from Cinven Limited and CVC Capital Partners Limited, which are offering to buy Tele Columbus in a potential deal valuing the company's equity and debt at roughly €600 million, two people familiar with the negotiations said. The CVC and Cinven also during September 2013 handed in bids for much smaller Deutsche Telekabel, which could be valued at up to €150 million, the sources said. "In contrast to financial sponsors we can act as a strategic partner and reap synergies (from a potential acquisition)." He said he has backing from the group's owners - Alcentra, Inc., Avenue Capital Group, Tennenbaum Capital Partners, LLC and ING Bank N.V. - for a potential deal. According to a source familiar with the negotiations, Primacom is also considering the purchase of all of Tele Columbus, if its price expectations are met. According to euters, Tele Columbus, Deutsche Telekabel, CVC, Cinven and York and Anchorage declined to comment, while GoldenTree was not immediately available for comment. According to Reuters, Rothschild, which is advising Tele Columbus as well as Goetzpartners, which is advising Deutsche Telekabel, also declined to comment.
Tennenbaum Capital Partners, LLC Names Gary Lembo as Director
Oct 1 13
Tennenbaum Capital Partners, LLC announced that Gary Lembo has joined the New York office as Director. Mr. Lembo is involved in sourcing, executing and managing credit investments across the firm's performing and special situation credit strategies. Mr. Lembo was most recently a senior vice president with Deloitte CRG.
Tennenbaum Capital Partners, LLC Announces Board Appointments
Nov 16 12
Tennenbaum Capital Partners, LLC announced that David Whitehouse and Keith Carter have joined the firm and will be based in TCP’s newly established office in New York City. As Managing Director, Whitehouse will work with the firm’s current and prospective investors, communicating and marketing its investment strategies. As Director, Carter will be responsible for helping to originate new investment opportunities from financial sponsors, intermediaries/advisors, other lenders, and directly from middle market companies. Whitehouse most recently served as a managing director with the fundraising and investor relations team at Apollo Global Management in New York. Previously, Carter was vice president of Briscoe Capital Management LLC, a firm that merged with Plainfield in 2006.
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