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BlackRock TCP Capital

Santa Monica, California, United States · Angel Investment, Finance, Financial Services

BlackRock TCP Capital Corp. is a business development company that offers financing solutions to middle-market firms. The firm primarily invests in various forms of debt, with some equity investments. The company's portfolio is diversified across different industries and focuses on delivering high returns.

Key facts

Headquarters
Santa Monica, California, United States
Employees
Unknown
Industries
Angel Investment, Finance, Financial Services
Status
Public (TCPC)
Website
tcpcapital.com

Recent activity at BlackRock TCP Capital

  • : Dan Worrell Appointed as Chief Operating Officer of BlackRock TCP Capital Corp.
  • : SEC 8-K (5.02): On September 22, 2026, Patrick Wolfe resigned as Chief Operating Officer (COO) of BlackRock TCP Capital Corp., effective at the close of business on December 18, 2026, to pursue other business opportunities. His departure was confirmed to not be due to disagreements with the company. Following this, on September 25, 2026, the Board appointed Dan Worrell as the new COO, also effective at the close of business on December 18, 2026, to ensure a smooth transition in leadership. This change in management reflects ongoing strategic shifts within the company, aiming to enhance operational effectiveness.
  • : SEC 8-K (5.02):
  • : SEC 8-K (1.01): On August 4, 2026, BlackRock TCP Capital Corp. entered into a definitive Transaction Agreement to sell 95% of the limited liability company interests in BlackRock DLF-C 2026, LLC to a group of investment funds managed by Pantheon Ventures, retaining a 5% interest. This transaction generated approximately $152 million in gross proceeds and is expected to significantly reduce the Company's net leverage from 1.38x to approximately 0.4x. The Company anticipates that this sale will enhance its financial position and provide increased operational flexibility, allowing for future strategic transactions to benefit shareholders. The Transaction Agreement includes customary representations and covenants, with the closing occurring on the same date, August 4, 2026.
  • : SEC 8-K (1.01): On May 27, 2026, BlackRock TCP Capital Corp. completed a $535,780,000 securitization of loans through its subsidiary, resulting in a CLO Transaction. The CLO Issuer, BlackRock DLF 2026-C CLO, LLC, entered into a Placement Agreement with Scotia Capital (USA) Inc. for the sale of certain notes issued under the transaction. The Secured Notes include different classes with varying interest rates tied to the three-month SOFR, with a maturity date set for July 25, 2034. The transaction is backed by a portfolio of middle-market loans from subsidiaries and has strategic implications for capital markets engagement by the Company.
  • : SEC 8-K (7.01): On May 7, 2026, BlackRock TCP Capital Corp. announced the declaration of a second quarter dividend of $0.17 per share. This dividend will be payable on June 30, 2026, to stockholders of record as of the close of business on June 16, 2026. The press release detailing this financial decision is included as Exhibit 99.1. The declaration of this dividend reflects the company's commitment to returning value to its shareholders. This announcement is significant as it provides important financial information to investors and may impact stockholder perceptions.
  • : SEC 8-K (7.01): On May 7, 2026, BlackRock TCP Capital Corp. declared a second quarter dividend of $0.17 per share, which is payable on June 30, 2026, to stockholders of record as of June 16, 2026. This announcement is part of the company's ongoing commitment to return value to its shareholders. The declaration is strategically significant for maintaining investor confidence and reflects the company's robust financial performance in prior quarters. This disclosure aims to inform investors about the upcoming dividend payment schedule and reinforces the company's market position.
  • : SEC 8-K (7.01): On February 27, 2026, BlackRock TCP Capital Corp. announced a first quarter dividend of $0.17 per share, which will be payable on March 31, 2026, to stockholders of record as of the close of business on March 17, 2026. This press release aims to inform investors and stakeholders about the company's financial position and commitment to returning value to shareholders through dividends. The announcement is strategically significant as it reflects the company's ongoing financial health and shareholder-focused policies.
  • : SEC 8-K (8.01):
  • : SEC 8-K (7.01): On November 6, 2025, BlackRock TCP Capital Corp. announced a fourth quarter dividend of $0.25 per share, which is payable on December 31, 2025, to stockholders of record as of the close of business on December 17, 2025. This announcement was made through a press release included as Exhibit 99.1. The disclosure under Item 7.01 is being furnished and is not deemed 'filed' for the purposes of the Securities Exchange Act of 1934. The declaration of the dividend is intended to reward shareholders and may influence future investment decisions.

Leadership

  • Dan Worrell, Chief Operating Officer
  • Patrick Wolfe, Chief Operating Officer
  • Dan Worrell, Chief Operating Officer

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About BlackRock TCP Capital: questions and answers

What does BlackRock TCP Capital do?

BlackRock TCP Capital Corp. is a business development company that offers financing solutions to middle-market firms. The firm primarily invests in various forms of debt, with some equity investments. The company's portfolio is diversified across different industries and focuses on delivering high returns.

Where is BlackRock TCP Capital headquartered?

BlackRock TCP Capital is headquartered in Santa Monica, California, United States.

What is the latest news on BlackRock TCP Capital?

On Sep 25, 2026, Dan Worrell Appointed as Chief Operating Officer of BlackRock TCP Capital Corp.

Is BlackRock TCP Capital a public company?

Yes. BlackRock TCP Capital is publicly traded under the ticker TCPC.

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy

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