Tennenbaum Capital Partners Relocates to New Offices in Santa Monica, CA

SANTA MONICA, CA – September 8, 2004 – Tennenbaum Capital Partners, LLC, one of the nation’s leading specialty private investment companies, has relocated its offices to the Santa Monica Business Park.

“Exceptional growth in recent years, strong momentum and expectations for continued expansion necessitated our move,” said Michael E. Tennenbaum, founder and senior managing partner. “Our new location, which is outside the traditional confines of a typical high rise, provides our staff and clients with a business environment that is conducive to productivity and collaboration and in keeping with our strategy to provide unique and innovative solutions to middle market companies in a wide range of industries.”

The firm has experienced rapid growth, adding 25 professionals and expanding its assets under management more than six-fold in the past five years. Its new space comprises approximately 16,000 square feet on the first floor at 2951 28th St., Santa Monica.

About Tennenbaum Capital Partners, LLC
Tennenbaum Capital Partners is a Santa Monica, California-based private investment firm managing more than $3.8 billion in assets through private funds. The firm’s investment strategy is based on a long-term, value approach, and it assists – both financially and operationally – transitional middle market companies in such industries as technology, healthcare, energy, aerospace, business services, retail, and general manufacturing. Tennenbaum’s core strengths include in-depth knowledge of equity and debt financing vehicles in the public and private markets, as well as a thorough understanding of special situations. These situations may include legal, operational or financial challenges; turnarounds, restructurings and bankruptcies; corporate divestitures and buyouts; and complex ownership changes. Tennenbaum Capital Partners is a registered investment advisor.

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