Philip Tseng resigned as Director, Board Chair, CEO, and Co-Chief Investment Officer of BlackRock TCP Capital Corp., effective August 31, 2026. Jason Mehring was appointed as Director, Board Chair, and CEO, effective September 2, 2026. Dan Worrell transitioned from Co-Chief Investment Officer to President, also effective September 2, 2026. The company operates in the business development and private credit industry.

BlackRock TCP Capital Corp. sold a 95% interest in BlackRock DLF-C 2026, LLC to Pantheon Ventures for approximately $152 million on August 4, 2026. The transaction involves assets with a fair value of roughly $523 million and is expected to reduce net leverage from 1.38x to approximately 0.4x. Concurrently, the Board declared a quarterly dividend of $0.17 per share, payable September 30, 2026 to shareholders of record on September 16, 2026. The company also engaged Keefe, Bruyette & Woods to evaluate strategic alternatives. BlackRock TCP Capital Corp. is a business development company that invests in middle-market companies.