BlackRock TCP Capital Corp.
No SEC Form 4 filings for $TCPC in the last 30 days.
BlackRock TCP Capital (TCPC) reported Q2 results and discussed leverage reduction after a sale. Pro forma net leverage fell to about 0.4x from 1.38x at June 30, with liquidity around $395 million. Portfolio fair value was $1.29B. Q2 total investment income was $40M, net investment income $18.1M, and NAV declined to $6.58. The board declared a $0.17 dividend.
BlackRock TCP Capital Corp (TCPC) Q2 2026 earnings call said it has no set timetable for a strategic review led with Keefe, Bruyette & Woods. A portfolio sale moved about $523 million across 78 companies into a Pantheon continuation vehicle, selling at 95% of Dec. 31, 2025 gross fair market value. NAV impact was about 10.4% including expenses; pro forma leverage ~0.4x.
BlackRock affiliate TCPC (TCPC) said it sold a majority stake in a large pool of loans to private credit secondaries investor Pantheon, transferring about two-thirds of each position. The company expects leverage to fall from 1.38x to 0.4x and liquidity to rise, but projects NAV down about 10.4% to $0.68 per share. TCPC reported Q2 net investment income of $18.1M and a $14.8M realized loss.
Over the past 7 days, alphai's AI scored 5 news stories mentioning TCPC (BlackRock TCP Capital Corp.). Coverage has skewed bullish: 1 bullish, 4 neutral, and 0 bearish.
Recent TCPC coverage spans earnings, financial news and regulation.
Lower leverage and a board-led strategic review can re-rate TCPC’s risk profile, but near-term uncertainty around capital allocation limits conviction.
The call frames a balance-sheet reset that should reduce leverage constraints and expand investment capacity, while acknowledging NAV pressure from specific portfolio names and transaction expenses.
The balance-sheet reset should reduce near-term leverage and liquidity risk, but the transaction is expected to pressure NAV by about 10.4%.
The portfolio sale is a balance-sheet and capital-allocation reset, with a near-term NAV headwind but a large leverage reduction and higher investment capacity.
The article is a pre-results scheduling note for TCPC, with no earnings numbers provided yet.
alphai scores every news story that mentions TCPC with an AI model for sentiment and relevance, and aggregates insider trades from BlackRock TCP Capital Corp.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
BlackRock TCP Capital (TCPC) reported Q2 results and discussed leverage reduction after a sale. Pro forma net leverage fell to about 0.4x from 1.38x at June 30, with liquidity around $395 million. Portfolio fair value was $1.29B. Q2 total investment income was $40M, net investment income $18.1M, and NAV declined to $6.58. The board declared a $0.17 dividend.
6 min readBlackRock TCP Capital Corp (TCPC) Q2 2026 earnings call said it has no set timetable for a strategic review led with Keefe, Bruyette & Woods. A portfolio sale moved about $523 million across 78 companies into a Pantheon continuation vehicle, selling at 95% of Dec. 31, 2025 gross fair market value. NAV impact was about 10.4% including expenses; pro forma leverage ~0.4x.
7 min readBlackRock affiliate TCPC (TCPC) said it sold a majority stake in a large pool of loans to private credit secondaries investor Pantheon, transferring about two-thirds of each position. The company expects leverage to fall from 1.38x to 0.4x and liquidity to rise, but projects NAV down about 10.4% to $0.68 per share. TCPC reported Q2 net investment income of $18.1M and a $14.8M realized loss.
5 min readBlackRock TCP Capital Corp. (TCPC) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.2 3 tcpc-ex99_2.htm EX-99.2 EX-99.2 Exhibit 99.2 BLACKROCK TCP CAPITAL CORP. ANNOUNCES SECOND QUARTER 2026 FINANCIAL RESULTS AND $523 MILLION PORTFOLIO SALE Transaction Accelerates Portfolio Repositioning, Significantly Reduces Leverage and Enhances Investment Capacity SANT
6 min readBlackRock TCP Capital Corp (TCPC) said it will report second-quarter results for the period ended June 30, 2026 on Aug. 6, 2026. The page also lists TCPC trading and valuation metrics, including a $3.52 previous close, about $293.7M market cap, and a trailing and forward dividend yield of 24.07%.
2 min readFitch Ratings affirmed BlackRock TCP Capital Corp.’s (NASDAQ:TCPC) ’BB’ ratings and removed the Rating Watch Negative, citing stabilized but still-elevated credit metrics. Fitch kept a Negative outlook due to high non-accruals, paid-in-kind income, and a weaker asset coverage cushion. Leverage was 1.65x (Q1 2026) and asset coverage 10.9%.
4 min readBlackRock TCP Capital Corp.’s CEO Phil Tseng is set to depart amid valuation scrutiny, markdowns, and losses, according to Bloomberg. The publicly traded business development company reported $35 million of first-quarter markdowns and an estimated 19% NAV decline in January; shares fell over 14%. In May, BlackRock executives faced U.S. Attorney questioning and TCP Capital’s value was cut ~5%.
5 min readA MarketBeat comparison of Morgan Stanley Direct Lending Fund (NYSE:MSDL) and BlackRock TCP Capital (NASDAQ:TCPC) cites dividends, analyst targets, valuation, and risk. MSDL pays $1.80/share (11.5% yield) vs TCPC $0.68/share (17.3%). MSDL’s payout is 178.2% of earnings; TCPC’s is -45.6%. Consensus targets: $15.54 for MSDL and $3.50 for TCPC.
6 min readBragar Eagel & Squire, P.C. has filed a class action lawsuit against BlackRock TCP Capital Corp. (NASDAQ: TCPC) on behalf of investors who purchased securities between November 6, 2024, and January 23, 2026. The lawsuit alleges that BlackRock TCP made misleading statements regarding its investments, portfolio restructuring, and valuation, leading to an overstatement of its Net Asset Value. Investors who suffered losses are encouraged to contact the firm before the April 6, 2026, deadline to apply for lead plaintiff.
3 min readLevi & Korsinsky, LLP has filed a class action securities lawsuit against BlackRock TCP Capital Corp. (TCPC) on behalf of investors who suffered losses due to alleged securities fraud between November 6, 2024, and January 23, 2026. The lawsuit claims that the company made false statements and concealed information regarding the valuation of its investments, the effectiveness of its portfolio restructuring, and the understatement of unrealized losses, leading to an overstatement of net asset value. Investors have until April 6, 2026, to request to be appointed as lead plaintiff.
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