Landrum Joins L.A.-based Tennenbaum Capital Partners

Nov 18 2010 | 7:51am ET

Lee R. Landrum will become managing director of California-based Tennenbaum Capital partners (TCP), a distressed credit private investment firm.

Prior to accepting the TCP post, Landrum spent over three years as principal with The Carlyle Group’s Global Credit Alternatives team. Before this, he served as managing director with Babson Capital Management. Landrum's extensive middle-market investment expertise includes experience with distressed investments, leveraged buyouts, direct mezzanine and equity investments and fund investing.

“TCP's leading combination of investment expertise and restructuring experience was an irresistible opportunity," said Landrum. "I look forward to hitting the ground running and to helping TCP build on its already impressive history." 

Tennenbaum Capital Partners is a Los Angeles based, multi-strategy alternative investment management firm focused primarily on distressed credit. Since the firm's founding in 1996, TCP has invested more than $8.6 billion in over 170 portfolio companies through its Opportunity Funds, in addition to investments by specialty funds focused on debtor-in-possession and public market strategies. 


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Opportunities Ahead: Asian Fixed Income and Currency Markets

Apr 24 2015 | 6:18am ET

For hedge funds focusing on Asia, the policy uncertainty, unclear interest rate...

 

Editor's Note