Boaz Weinstein Takes Activist Stake at BlackRock TCP Capital with 5.11% Stake
Boaz Weinstein's Saba Capital disclosed a 5.11% stake in BlackRock TCP Capital (TCPC), aiming to reduce the stock's discount to net asset value. Saba plans to engage with the board on strategy, governance, and performance, potentially nominating directors and pushing for share buybacks or liquidations. The firm may adjust its position based on progress.

