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AI brief of an SEC Form 8-K · BlackRock TCP Capital Corp. (TCPC)

BlackRock TCP Capital CEO Philip Tseng resigns; Jason Mehring named CEO and Chair

Neutral Impact 4 of 5 leadership Written later

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.

Key points

  • 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.

The filing

CompanyBlackRock TCP Capital Corp. (TCPC)
Form8-K, current report
Filed with the SECSep 4, 2026, 8:00 AM ET
Accession number0001140361-26-035674

Items reported: 5.02 Director / Officer Change8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 04, 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.