Tennenbaum Capital Partners, LLC is an SEC-registered investment adviser based in Santa Monica, CA that reports managing 5 hedge funds on Form ADV. It reports $3.2 billion in regulatory assets under management. Its private funds, of all types, hold $1.4 billion in gross assets.
- Regulatory assets under management
- $3.2 billionForm ADV Item 5.F
- Gross assets of private funds
- $1.4 billionAll private fund types, Form ADV
- Hedge funds managed
- 536 private funds in total
- Employees
- 10Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 113203
- Latest Form ADV
- 06/17/2026Disciplinary disclosures: none reported
Private funds reported on Form ADV (29)
Fund
Gross assets
Minimum
Owners
Adviser
Tennenbaum Senior Loan Fund II, LP
Delaware, United StatesPrivate equity fund
Gross assets$1.0B
Minimum$10.0M
Owners2
AdviserTennenbaum Capital Partners, LLC
Special Value Opportunities Fund, LLC
Delaware, United StatesPrivate equity fund
Gross assets$711M
Minimum$1.0M
Owners104
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Senior Loan Fund V, LLC
Delaware, United StatesPrivate equity fund
Gross assets$635M
Minimum$10.0M
Owners2
AdviserTennenbaum Capital Partners, LLC
TCP Direct Lending Fund VIII-U (Ireland)
IrelandPrivate equity fund
Gross assets$477M
Minimum$10.0M
Owners3
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Special Situations Fund IX, LLC
Delaware, United StatesPrivate equity fund
Gross assets$421M
Minimum$1.0M
Owners61
AdviserTennenbaum Capital Partners, LLC
TCP Direct Lending Fund VIII-A, LLC
Delaware, United StatesPrivate equity fund
Gross assets$394M
Minimum$10.0M
Owners1
AdviserTennenbaum Capital Partners, LLC
TCP Direct Lending Fund VIII-L (Ireland)
IrelandHedge fund
Gross assets$351M
Minimum$1.0M
Owners31
AdviserTennenbaum Capital Partners, LLC
TCP Direct Lending Fund VIII-T, LLC
Delaware, United StatesHedge fund
Gross assets$340M
Minimum$1.0M
Owners1
AdviserTennenbaum Capital Partners, LLC
TCP Direct Lending Fund VIII-S, LLC
Delaware, United StatesHedge fund
Gross assets$218M
Minimum$1.0M
Owners1
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Enhanced Yield Fund I, LLC
Delaware, United StatesPrivate equity fund
Gross assets$183M
Minimum$1.0M
Owners5
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Enhanced Yield Operating I, LLC
Delaware, United StatesPrivate equity fund
Gross assets$183M
MinimumNone set
Owners5
AdviserTennenbaum Capital Partners, LLC
TCP Enhanced Yield Funding I, LLC
Delaware, United StatesPrivate equity fund
Gross assets$183M
MinimumNone set
Owners1
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Energy Opportunities Co., LLC
Delaware, United StatesPrivate equity fund
Gross assets$151M
MinimumNone set
Owners1
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Energy Opportunities Fund, LP
Delaware, United StatesPrivate equity fund
Gross assets$151M
Minimum$1.0M
Owners3
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Special Situations IX-O, L.P.
Cayman IslandsPrivate equity fund
Gross assets$103M
Minimum$1.0M
Owners3
AdviserTennenbaum Capital Partners, LLC
TCP Waterman CLO, LLC
Delaware, United StatesSecuritized asset fund
Gross assets$95.8M
MinimumNone set
Owners3
AdviserTennenbaum Capital Partners, LLC
TCP Waterman Fund, LP
Delaware, United StatesSecuritized asset fund
Gross assets$95.8M
Minimum$10.0M
Owners3
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Special Situations Fund IX-A, LLC
Delaware, United StatesPrivate equity fund
Gross assets$89.4M
Minimum$1.0M
Owners2
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Opportunities Fund V, LLC
Delaware, United StatesPrivate equity fund
Gross assets$87.4M
Minimum$1.0M
Owners117
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Opportunities Partners V, LP
Delaware, United StatesPrivate equity fund
Gross assets$87.4M
MinimumNone set
Owners1
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Special Situations IX-C, L.P.
Cayman IslandsPrivate equity fund
Gross assets$76.8M
Minimum$1.0M
Owners6
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Senior Loan Fund IV-B, LP
Delaware, United StatesPrivate equity fund
Gross assets$42.7M
Minimum$10.0M
Owners1
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Special Situations Fund IX-S, L.P.
Cayman IslandsPrivate equity fund
Gross assets$36.1M
Minimum$1.0M
Owners4
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Senior Loan Operating III, LLC
Delaware, United StatesPrivate equity fund
Gross assets$32.4M
MinimumNone set
Owners1
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Senior Loan Funding III, LLC
Delaware, United StatesPrivate equity fund
Gross assets$32.4M
MinimumNone set
Owners1
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Senior Loan Fund III, LP
Delaware, United StatesPrivate equity fund
Gross assets$32.4M
Minimum$10.0M
Owners2
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Opportunities Fund VI, LLC
Delaware, United StatesPrivate equity fund
Gross assets$9.1M
Minimum$1.0M
Owners113
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Senior Loan Fund IV-A, LP
Delaware, United StatesPrivate equity fund
Gross assets$6.3M
Minimum$10.0M
Owners1
AdviserTennenbaum Capital Partners, LLC
Special Value Expansion Fund, LLC
Delaware, United StatesPrivate equity fund
Gross assets$0
Minimum$1.0M
Owners14
AdviserTennenbaum Capital Partners, LLC
As reported in the adviser's Form ADV filed Dec 23, 2024. Funds also listed from Form D are shown above.
Fund vehicles: feeder funds and single-deal vehicles (9)
Fund
Gross assets
Minimum
Owners
Adviser
TCP Direct Lending Fund VIII, LLC
Delaware, United StatesPrivate equity fund
Gross assets$399M
Minimum$10.0M
Owners29
AdviserTennenbaum Capital Partners, LLC
TCP Direct Lending Feeder VIII-L (Ireland)
IrelandHedge fund
Gross assets$204M
Minimum$10.0M
Owners10
AdviserTennenbaum Capital Partners, LLC
TCP Direct Lending Fund VIII-L, LLC
Delaware, United StatesPrivate equity fund
Gross assets$165M
Minimum$10.0M
Owners20
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Heartland Co-Invest, LP
Delaware, United StatesPrivate equity fund
Gross assets$106M
Minimum$1.0M
Owners2
AdviserTennenbaum Capital Partners, LLC
TCP Direct Lending Feeder VIII-U (Ireland)
IrelandPrivate equity fund
Gross assets$58.4M
Minimum$10.0M
Owners2
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Dip Opportunity Feeder, LP
Delaware, United StatesPrivate equity fund
Gross assets$9.1M
Minimum$1.0M
Owners113
AdviserTennenbaum Capital Partners, LLC
SEB Dip Investor, LP
Delaware, United StatesPrivate equity fund
Gross assets$9.1M
Minimum$1.0M
Owners113
AdviserTennenbaum Capital Partners, LLC
Tennenbaum Senior Loan Spv IV-A, LLC
Delaware, United StatesPrivate equity fund
Gross assets$6.3M
MinimumNone set
Owners1
AdviserTennenbaum Capital Partners, LLC
Special Value Opportunities Feeder Fund
Delaware, United StatesPrivate equity fund
Gross assets$625K
Minimum$1.0M
Owners10
AdviserTennenbaum Capital Partners, LLC
Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures