Brief: Blackrock Inc to acquire private credit manager Tennenbaum Capital Partners
April 17 (Reuters) - Blackrock Inc BLK.N :
* BLACKROCK INC TO ACQUIRE PRIVATE CREDIT MANAGER TENNENBAUM
CAPITAL PARTNERS
* TERMS WERE NOT DISCLOSED
* FINANCIAL IMPACT OF TRANSACTION IS NOT MATERIAL TO
BLACKROCK
EARNINGS
Source text for Eikon: ID:nBwc8V1cKa
Further company coverage: BLK.N
((Reuters.Briefs@thomsonreuters.com;))
Recent news on BlackRock TCP Capital
See all newsPrivate credit roundup: Private markets face renewed scrutiny over liquidity and valuations
Graphic: Unrealised losses at US private credit lenders deepen
Private credit roundup: investors increase bets amid higher defaults
Private credit bond spreads show smaller lenders priced at greater risk
BlackRock TCP Capital slips on report of DOJ probe