← Tennenbaum Direct Lending

Tennenbaum Capital Partners LLC BlackRock Illiquid Credit

Tennenbaum Direct LendingVINTAGE 2014

NET IRR

7.8%

TVPI

1.73x

DPI

0.88x

COMMITMENT

$475M

LP SOURCES

1

CROSS-REFERENCE TABLE

LP SOURCE	AS OF	COMMITMENT	PAID IN	NET IRR	TVPI	DPI	DOC
LACERA	2025-03-31	$475M	$424.6M	7.8%	1.73x	0.88x	SOURCE ↗◆