Phil Tseng

Phil Tseng

Co-Head of U.S. Private Capital

Phil Tseng, Managing Director, is a member of BlackRock's Global Credit Platform. He is Co-Head of US Private Capital (USPC) and is responsible for co-leading the platform, originating and executing investment opportunities, and maintaining relationships with key deal sources and intermediaries across the US. He is also Co-Chair of the Management Operating Committee for US Private Capital and a member of the Private Credit Executive Committee for Global Credit.


Prior to joining BlackRock, Mr. Tseng served on the Management Committee and was a Managing Partner at Tennenbaum Capital Partners (TCP). TCP managed more than $9 billion in committed capital and was acquired by BlackRock in 2018. In addition to managing the growth and build out of TCP, he was responsible for sourcing, evaluating, structuring and executing private debt and equity investments. Prior to TCP, he worked in equity research with Credit Suisse First Boston where he initiated coverage of several public technology and business services companies. Prior to that, Mr. Tseng worked in Credit Suisse First Boston's Technology Investment Banking group and at Deutsche Banc Alex Brown. Mr. Tseng currently serves as a Director on the Board of Connexity Inc., and previously on First Advantage, ITC DeltaCom, and Anacomp, Inc.


Mr. Tseng also serves on the Board of Trustees for the California Science Center Foundation and as a Director of the United States Tennis Association (USTA) Southern California.


Mr. Tseng received his A.B. with honors in Economics from Harvard College and his M.B.A. from Harvard Business School.