Tennenbaum Opportunities Fund Raises $530M

Tennenbaum Capital Partnershas closed its opportunities fund with a capital commitment of $530 million from new and existing limited partners. TheTennenbaum Opportunities Fund VIwill focus on discounted and debt-for-control-oriented market opportunities as well as complex, directly originated financings.

Public and corporate pension funds, insurance companies, other financial institutions, foundations, endowments, family offices and high net worth individuals are limited partners in the fund.Skadden, Arps, Slate, Meagher & Flomserved as the portfolio counsel andGreenhill & Companyserved as its exclusive global placement agent.

Click here for the release fromPR Newswire.