Every material Form 8-K BlackRock TCP Capital Corp. has filed with the SEC since September 04, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
BlackRock TCP Capital Corp. reported a third quarter 2026 net decrease in net assets from operations of $66.8 million, or $0.80 per share, compared with a $1.7 million net increase in the prior quarter. Net asset value per share fell to $5.61 from $6.58 at June 30, 2026, and the company's board declared a fourth quarter dividend of $0.17 per share while the board conducts an ongoing strategic review.
Net decrease in net assets from operations of $66.8 million, or $0.80 per share, for the quarter ended September 30, 2026, versus a $1.7 million net increase for the quarter ended June 30, 2026.
Net investment income of $13.4 million, or $0.16 per share, which did not exceed the regular dividend of $0.17 per share.
Net asset value per share of $5.61 as of September 30, 2026, compared with $6.58 as of June 30, 2026.
Investments on non-accrual status were 3.4% of the portfolio at fair value, up from 1.6%; the quarter included a $63.7 million realized loss from the Continuation Vehicle transaction.
BlackRock TCP Capital Corp. said Chief Operating Officer Patrick Wolfe will resign effective December 18, 2026, and its board appointed Dan Worrell, currently the company's President, to succeed him in that role on the same date. Worrell will also become COO of two affiliated BlackRock vehicles, and he will keep his President title. The filing describes a planned leadership transition rather than a change in financial results or strategy.
Patrick Wolfe resigned as COO on September 22, 2026, to pursue other business opportunities outside BlackRock, Inc.; the filing says the resignation involved no disagreement with the company or BlackRock, Inc.
The board appointed Dan Worrell as COO on September 25, 2026, effective close of business December 18, 2026.
Worrell was Co-Chief Investment Officer of the company, BDLC and BDEBT from November 6, 2024, until September 2, 2026, and is currently President of all three.
BlackRock TCP Capital Corp. said CEO and Board Chair Philip Tseng resigned effective August 31, 2026, to pursue other business opportunities outside BlackRock, Inc., with the company stating the resignation was not due to any disagreement. Effective September 2, 2026, the board named Jason Mehring, a BlackRock Managing Director who had been president since November 6, 2024, as Chair, CEO and director, and named Dan Worrell, previously Co-Chief Investment Officer, as President. The change at the top of the company's leadership is significant for shareholders because it replaces the chief executive and board chair.
Philip Tseng resigned as director, Board Chair, CEO and Co-Chief Investment Officer effective close of business August 31, 2026; he remains a BlackRock, Inc. employee until October 1, 2026.
Jason Mehring appointed Director, Board Chair and CEO effective September 2, 2026; he had served as President since November 6, 2024.
Dan Worrell moved from Co-Chief Investment Officer to President effective September 2, 2026.
Philip Tseng is no longer a voting member of the Investment Committee of Tennenbaum Capital Partners, LLC, the advisor, as of August 31, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every BlackRock TCP Capital Corp. filing is on SEC EDGAR ↗. 8-K briefs of other companies →