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. 


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...