Monday, 27 April 2015
Last updated 2 days ago
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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…