Bacon-Wrapped Beef Tenderloin with Madeira

Ingredients

• 1 (6- to 6 1/2-pound) beef tenderloin, trimmed
• 1 tablespoon freshly ground pepper, divided
• 1 1/2 teaspoons salt
• 1/2 cup chopped fresh flat-leaf parsley, divided
• 1/4 cup chopped fresh rosemary
• 1/4 cup fresh thyme leaves, divided
• 1 pound bacon slices (about 20 slices) (we tested with Boar's Head)
• 1/3 cup minced shallots
• 2 (3.5-ounce) packages shiitake mushrooms, stems removed and sliced
• 2 (3.5-ounce) packages oyster mushrooms, stems removed and sliced
• 1 cup Madeira
• 1 (14-ounce) can beef broth or fat-free, less-sodium beef broth
• 1 (10 1/2-ounce) can beef consommé, undiluted
• 3 tablespoons unsalted butter
• Garnish: fresh herb sprigs

Preparation

1. Cut tenderloin in half crosswise; sprinkle both pieces evenly with 2 1/2 teaspoons pepper and salt. Combine 1/4 cup parsley, rosemary, and 3 tablespoons thyme; rub over beef. Fold narrow end of tenderloin under to achieve a uniform thickness.
2. Wrap bacon around tenderloin pieces, and secure at 1" intervals with heavy string. Heat a 12" nonstick skillet over medium-high heat; add beef in 2 batches. Cook 8 to 10 minutes, turning often to brown all sides. Remove beef from pan, reserving 2 tablespoons drippings in skillet.
3. Place beef on a rack in a large roasting pan. Bake at 400° for 40 to 50 minutes or until a meat thermometer inserted into thickest part of tenderloin registers 140° (rare) to 160° (medium) or to desired degree of doneness. Remove tenderloin to a serving platter, and cover with aluminum foil; let stand 10 minutes before slicing. Remove string.
4. Meanwhile, heat reserved pan drippings in same skillet over medium-high heat; add shallots, mushrooms, and remaining 1 tablespoon thyme. Cook 3 minutes; add Madeira, stirring to loosen particles from bottom of pan. Add beef broth and consommé; bring to a boil. Boil 10 to 12 minutes or until reduced to about 3 cups. Remove from heat; add remaining 1/2 teaspoon pepper, remaining 1/4 cup parsley, and butter, whisking until butter melts.
5. Slice tenderloin into 1/2"-thick slices; arrange on a serving platter. Garnish, if desired. Serve with Madeira sauce.
6. Make Ahead: Cover and refrigerate uncooked bacon-wrapped tenderloins up to 24 hours. Let stand at room temperature 30 minutes before proceeding with the recipe.