You can sign up for additional alert options at any time. of Funds Currently Managed . BlackRock Completes Acquisition of Tennenbaum Capital Partners, LLC SVOF/MM, LLC ("SVOF/MM"), Tennenbaum Opportunities Partners V, LP, Tennenbaum Opportunities Fund V, LLC, Tennenbaum Heartland Co-Invest, LP, SEB DIP Investor, LP, Special Giordano reports to Anne Valentine Andrews. acquire TCP, a leading manager focused on middle market performing Edwin Conway announced to employees last September that Steenberg would start handing off his day-to-day responsibilities to the longtime executives Lynn Baranski and John Seeg, who officially started to co-lead the business as of January 1. The acquisition augments BlackRock's position as a leading global credit asset manager and advances its goal of providing clients with a diverse range of BlackRock wants to build a larger private credit business to expand fee generation and offer clients more than just passive products. BlackRock TCP Capital Price Performance. BlackRock Completes Acquisition of Tennenbaum Capital Partners BlackRock's August 2018 acquisition of Tennenbaum Capital . This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Coca-Cola Europacific Partners PLC (NYSE:CCEP) Shares Acquired by "Notably, our leverage remains relatively modest, and we have ample room to take advantage of the current attractive market conditions for deployment. strong long-term track record to the BlackRock global credit platform. a co-founder of TCP, announced that he will be retiring from his role as Chief Executive Officer of BlackRock TCP Capital Corp. ("TCPC" or "the . Metrica Srl:Acquisition,Acquisition Analysis & Reports - Discovery This frustrated the TCP team, who for years focused on special situations and who assumed they would be able to keep doing just that type of investing when they arrived at BlackRock. The Company's shareholders will benefit from enhanced scale, a broader origination network, and a premium and expanded set of private credit capabilities. "They could just decide: 'We're going to start our own company.'". BlackRock bought Merrill Lynch Investment Management in 2006. Many investment companies, to be sure, face challenges in hiring and retention. Before Morgan Stanley, she was a director at Macquarie. BlackRock to acquire private credit firm - InternationalInvestment BlackRock Completes Acquisition of Tennenbaum Capital Partners, LLC Pam Chan oversees the investment management of portfolios within the Alternative Solutions Group, BlackRock's multi-alternative portfolio-management team.
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