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BlackRock TCP Capital names Jason Mehring CEO as Philip Tseng resigns amid private credit fund NAV markdowns.

(Updates to include BlackRock TCP Capital's ticker in the first paragraph and BlackRock stock move i

Three high-yield credit vehicles all promise fat distributions, but distribution cuts, collapsing NAV, and buried fees tell a darker story than the yield headlines suggest. Only one of the three actually earns its payout right now.

BLK may sell TCPC's remaining $671M loan portfolio to reduce legacy credit risk while sharpening its broader private-credit strategy.

BlackRock (NYSE: BLK) is exploring the sale of TCP Capital's US$671 million private credit loan portfolio as part of a reshaping of the asset vehicle. The potential divestiture marks a further step in BlackRock's adjustments within private credit under current market conditions. This move could affect how BlackRock structures future private credit vehicles and how TCP Capital stakeholders view the portfolio. For investors watching how major asset managers reposition around credit and...

BlackRock TCP Capital Corp. is selling a $523 million portfolio of private credit investments to shore up its balance sheet, reduce leverage and regain flexibility after mounting pressure on its publicly traded lending vehicle. TCPC, a business development company managed...

Blackrock Tcp Capital (NASDAQ:TCPC) said its second-quarter results and a newly completed portfolio sale transaction have materially reduced leverage, expanded liquidity and prompted the board to begin a strategic review of alternatives intended to build long-term shareholder value. The company tra

BlackRock TCP Capital is selling a $523 million portfolio of private credit investments after mounting pressure.

BlackRock TCP Capital (TCPC), a business development company, or BDC, said Thursday it has entered i

SANTA MONICA, Calif., August 06, 2026--BlackRock TCP Capital Corp. ("we," "us," "our," "TCPC" or the "Company"), a business development company (NASDAQ: TCPC), today announced its financial results for the second quarter ended June 30, 2026 and a $523 million portfolio sale transaction that meaningfully accelerates its ongoing efforts to strengthen its financial position and reshape its investment portfolio.

BlackRock TCP (TCPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BlackRock TCP (TCPC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

SANTA MONICA, Calif., July 09, 2026--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the second quarter ended June 30, 2026, on Thursday, August 6, 2026, prior to the opening of the financial markets.

The chief executive officer of private credit fund BlackRock TCP Capital Corp. is departing the firm during ongoing losses, significant asset markdowns and federal scrutiny over valuation practices. Sources familiar with the matter revealed to Bloomberg that Phil Tseng will...