Tennenbaum Waterman Fund is a direct lending fund managed by Tennenbaum Capital Partners, LLC, a prominent alternative investment management firm founded in 1999. Based in Santa Monica, California, the fund focuses on investments across North America and Europe, targeting sectors such as commercial products, commercial services, financial services, business products, cleantech, and industrial sectors. Tennenbaum Capital Partners has established a strong track record in credit opportunities, having invested approximately $9 billion in over 170 portfolio companies through various strategies, including specialty funds focused on debtor-in-possession financing. With about $5 billion in capital under management, the firm is well-positioned to pursue diverse investment opportunities while maintaining a commitment to performance and strategic growth.