CNO Financial invests in Tennenbaum Capital Partners
CNO Financial Group said April 18 that it has acquired a minority stake in Tennenbaum Capital Partners LLC. Financial terms weren’t announced. CNO also agreed to make general account investments over a period of time of approximately $250 million across TCP’s managed funds and strategies. Los Angeles-based Tennenbaum is an alternative investment management firm focused on direct lending and special situations for middle-market companies.
20 April 2016•3 mins read
