Tennenbaum Capital hires Bank of America executive

Tennenbaum Capital Partners has hired Carolyn Glick as a director in the Los Angeles office. Glick will source and execute credit investments across performing and special situations credit strategies. Prior to Tennenbaum, Glick was a senior vice president of Bank of America Business Capital.

Press Release

Tennenbaum Capital Partners, LLC (“TCP”), an alternative investment management firm, is pleased to announce that Carolyn Glick has joined TCP. Glick will source and execute credit investments across the firm’s performing and special situation credit strategies. TCP is headquartered in Los Angeles with additional offices in New York and San Francisco.

“We are delighted to welcome Carolyn as a Director based in our Los Angeles office,” said Philip Tseng, Managing Partner. “Carolyn’s base of relationships spans private equity, advisory firms and other lenders. I am confident that her experience originating and structuring credit investments will allow her to make a valuable contribution to our organization.”

“Over the past several years, TCP has significantly expanded its origination platform and team,” Tseng added. “This has led to continued strength in our investment pipeline including a greater volume of privately-originated investment opportunities for our private funds as well as our publicly-traded business development corporation, TCP Capital Corp.”

Glick was previously a senior vice president of Bank of America Business Capital, where she was responsible for loan originations and financial sponsor coverage. Prior to Bank of America, Glick spent 10 years with Wells Fargo Capital Finance in various credit roles.

About Tennenbaum Capital Partners, LLC

Tennenbaum Capital Partners, LLC (“TCP”) is a Los Angeles-based alternative investment management firm focused on performing and special situation credit for middle-market companies. TCP manages a publicly-traded business development company, TCP Capital Corp. (NASDAQ: TCPC), as well as other funds and accounts. Since its founding, TCP has invested more than $13.9 billion in over 350 companies. For more information, please visit: www.tennenbaumcapital.com and www.tcpcapital.com.

SOURCE Tennenbaum Capital Partners, LLC