Carolyn Glick has joined Tennenbaum Capital Partners as a new Director. Ms. Glick will source and execute credit investments across the firm’s performing and special situation credit strategies.
“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.”
Tennenbaum Capital Partners (TCP) makes investments up to $250 million in US-based companies that are undergoing change due to industry trends, economic cycles or specific company circumstances but have underlying physical assets and strong and defensible business franchises. Sectors of interest include technology, healthcare, energy, aerospace, business services, retail and general manufacturing. The firm is headquartered in Los Angeles with additional offices in New York and San Francisco (www.tennenbaumcapital.com).
“Over the past several years, TCP has significantly expanded its origination platform and team,” Mr. 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.”
Ms. 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, Ms. Glick spent 10 years with Wells Fargo Capital Finance in various credit roles.
2014 PEPD • Private Equity’s Leading News Magazine • 9-8-14
