BlackRock TCP (TCPC) news

BlackRock pitches TCP private credit assets to rival managers

BlackRock TCP Capital Corp. (TCPC), a business development company managed by an affiliate of BlackRock, has sold a $523 million portfolio of private credit investments to Pantheon, a private credit secondaries investor, in a move to reduce leverage and strengthen its balance sheet. The transaction…

Fitch Ratings: No impact to BlackRock TCP’s ratings following asset sale

Fitch Ratings has indicated that the recent asset sale by BlackRock TCP will not impact its current credit ratings. The agency affirmed its 'BB' rating for BlackRock TCP, maintaining a negative outlook following the transaction. This decision reflects Fitch’s assessment that the asset sale does not…

BlackRock's Tseng speaks on TCPC earnings call

BlackRock TCP Capital Corp - purchase price for transferred interests is $152 mln, sold at 95% of fair market value - SEC filing

BlackRock TCP Capital Corp. (Nasdaq: TCPC) disclosed in a recent SEC filing that the company has transferred certain interests with a purchase price of $152 million, which were sold at 95% fair market value. The transaction is outlined in the company’s latest SEC filings, accessible through its…

BlackRock TCP Capital Corp - to sell 95% of BlackRock DLF-C 2026 to Pantheon Ventures - SEC filing

BlackRock TCP Capital Corp has filed with the U.S. Securities and Exchange Commission to sell 95% of its interest in BlackRock DLF-C 2026 to Pantheon Ventures, a global private markets investment firm with over four decades of experience in managing private equity, real assets, and private credit…