TCPC’s Advisor, a wholly-owned, indirect subsidiary of BlackRock, Inc., has invested approximately $38.4 billion in 704 companies since its inception in 1999, through multiple business and credit cycles, across all segments of the capital structure and through both direct loan origination and secondary investment.
On August 1, 2018, Tennenbaum Capital Partners, LLC (“TCP”), the investment advisor to TCPC at the time, was merged with and into an indirect wholly-owned subsidiary of BlackRock, Inc. The combination with BlackRock couples TCP’s longstanding experience and strong track record in private credit origination and underwriting with BlackRock’s credit expertise, brand, and global scope, providing TCPC with access to greater resources to provide a more complete solution to middle market companies.