Len Tannenbaum, who sold his $5 billion credit firm to distressed debt pioneer Oaktree almost a decade ago, is looking to raise a new fund to capitalize on turmoil in the $1. 8 trillion private credit market.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-06-30/bdc-veteran-tannenbaum-plans-comeback-to-industry-near-crisis)