BlackRock TCP Capital Corp.
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- BlackRock TCP Capital Corp. (NASDAQ: TCPC) is an externally managed business development company focused on originating and investing in debt securities of private middle-market companies with enterprise values typically between $100 million and $1.5 billion. The company provides senior secured loans, mezzanine debt, subordinated debt, junior loans, equity investments including warrants and direct stakes, and other financing solutions across the capital structure; its portfolio spans industries such as software and internet services, business services, healthcare, energy, communications, consumer services, and manufacturing, with approximately 89% allocated to senior secured debt and a weighted average effective yield of around 14% on debt investments. Headquartered in Santa Monica, California, TCPC was originally established in 2012 following its initial public offering and entered a strategic partnership with BlackRock in 2018, leveraging the advisor's track record of originating approximately $48 billion in leveraged loans since 1999. TCPC primarily targets U.S.-based companies with established market positions, differentiated products, and resilient business models in less cyclical sectors, serving private equity sponsors, management teams, and small businesses seeking growth capital, acquisitions, or recapitalizations. The company maintains a diversified portfolio of about 142 investments, with no single company exceeding 2% of recurring income, and emphasizes principal protection through rigorous due diligence, active monitoring, and a focus on first-lien positions. It operates with net leverage of around 1.07x, supported by $1.2 billion in liability financing including unsecured notes, and benefits from BlackRock's global platform for enhanced origination, research, and deal flow. In recent developments, TCPC completed a merger with BlackRock Capital Investment Corp. in March 2024, treated as an asset acquisition that expanded its portfolio to over $2.1 billion, issued 27.8 million shares to former BCIC shareholders, and delivered expense synergies alongside improved capital access. The company repurchased $4.5 million in common stock under a $50 million program during 2024 and, in Q2 2025, deployed $111.5 million in new senior secured loans and equity across 13 portfolio companies at a 10.8% yield while reducing non-accruals to 3.7% of fair value from 5.6% at year-end 2024. These moves support ongoing portfolio repositioning, dividend coverage with net investment income of $0.32 per share exceeding the $0.25 regular and $0.04 special dividends, and net asset value of $8.71 per share as of June 30, 2025.
Kuehn Law Encourages Investors of BlackRock TCP Capital Corp to Contact Law Firm
BlackRock TCP Capital Corp (TCPC) Q1 2026 Earnings Call Transcript
BlackRock TCP Capital Corp. Announces First Quarter 2026 Financial Results Including Net Investment Income of $0.22 Per Share; Declares a Second Quarter Dividend of $0.17 Per Share
BDCs That Put Their Money Where Their Mouth Is
BlackRock TCP Capital Corp. to Report First Quarter ended March 31, 2026 Financial Results on May 7, 2026
Two 12%+ Yielding BDC Bargains (One Is My Top Deep-Value Pick)
DEADLINE ALERT for TCPC, ORCL, PSFE, and INO: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
TCPC FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds BlackRock TCP (TCPC) Investors of Securities Class Action Deadline on April 6, 2026
TCPC IMPORTANT DEADLINE: ROSEN, A LEADING NATIONAL FIRM, Encourages BlackRock TCP Capital Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 6 Deadline in Securities Class Action – TCPC
TCPC DEADLINE TOMORROW: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages BlackRock TCP Capital Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 6 Deadline in Securities Class Action - TCPC
TCPC INVESTOR NOTICE: Faruqi & Faruqi, LLP Reminds BlackRock TCP (TCPC) Investors of Securities Class Action Deadline on April 6, 2026
TCPC Deadline: TCPC Investors with Losses in Excess of $100K Have Opportunity to Lead BlackRock TCP Capital Corp. Securities Fraud Lawsuit
TCPC DEADLINE MONDAY: ROSEN, A LEADING NATIONAL FIRM, Encourages BlackRock TCP Capital Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 6 Deadline in Securities Class Action - TCPC
TCPC FINAL DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages BlackRock TCP Capital Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 6 Deadline in Securities Class Action - TCPC
BlackRock TCP Capital Corp. (TCPC) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
BLACKROCK TCP DEADLINE MONDAY: Bragar Eagel & Squire, P.C. Urgently Reminds BlackRock TCP Investors with Large Losses to Contact the Firm Before April 6th
TCPC Deadline: Rosen Law Firm Urges BlackRock TCP Capital Corp. (NASDAQ: TCPC) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights
TCPC INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds BlackRock TCP Capital Investors of the Securities Class Action Lawsuit Deadline on April 6, 2026
TCPC DEADLINE: ROSEN, TOP RANKED NATIONAL INVESTOR ATTORNEYS, Encourages BlackRock TCP Capital Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 6 Deadline in Securities Class Action - TCPC
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in BlackRock TCP Capital Corp. of Class Action Lawsuit and Upcoming Deadlines - TCPC