Tennenbaum Capital Partners hired Mark Kronfeld as a managing director.

Kronfeld was previously a partner with Plymouth Lane Capital Management, where he was responsible for the firm’s distressed and special situations strategy, with a focus on legal, structural and process value-drivers and investor activism. Prior to Plymouth Lane, he was a managing director at BlueMountain Capital and a partner at Owl Creek Asset Management.

Before his career in finance, Kronfeld practiced law for more than 10 years as a litigator and bankruptcy lawyer. He is currently an adjunct professor at Boston University School of Law. He also sits on the board of directors as an independent director of Reorg Research.

“Mark brings significant experience in special situations and distressed investing, with particular expertise in analyzing complex legal and structural investing issues,” said Howard Levkowitz, a TCP managing partner. “We are pleased to welcome Mark to the team and look forward to his contributions to the continued success of our firm.”