About Us
BlackRock TCP Capital Corp. is an externally-managed specialty finance company focused on middle-market
lending. We have elected to be regulated as a business development company, or BDC, under the Investment
Company Act of 1940. Our stock is traded on NASDAQ under the ticker symbol “TCPC”. BlackRock TCP Capital
Corp.’s investment objective is to achieve high total returns through current income and capital
appreciation, with an emphasis on principal protection. We invest primarily in debt of private,
middle-market companies with enterprise values typically between $100 million and $1.5 billion, including
complex situations requiring specialized industry knowledge. While we invest primarily in senior debt
instruments, we have the flexibility to provide financing solutions at any level of the capital structure.
With our rigorous approach to due diligence, active investment monitoring and long-term perspective, we are
an ideal partner for companies and sponsors seeking a stable source of capital.
BlackRock TCP Capital Corp.’s investment advisor (the “Advisor”) is an indirect wholly-owned subsidiary of
BlackRock, Inc. BlackRock TCP Capital Corp.’s investment activities benefit from the competitive advantages
of our Advisor, including the deep skills and diverse experience of its investment professionals, its
proprietary deal flow, and its consistent and rigorous investment process. BlackRock’s credit expertise,
brand, and global scope, provide TCPC with access to greater resources to provide a complete solution to
middle market companies.
Investment Strategy
BlackRock TCP Capital Corp.’s primary investment focus is the origination of and investment in debt securities of performing middle-market companies, building on our Advisor’s established track record of origination and participation in the original syndication of approximately $44.1 billion of leveraged loans to 733 companies since 1999.
BlackRock TCP Capital Corp.’s target investments are generally in companies with established market
positions, proven and differentiated products and strong regional or national operations. While our focus is
on directly originated loans, we also have the flexibility to invest in secondary-market investment
opportunities.
BlackRock TCP Capital Corp.’s focus is primarily on U.S. companies where we believe our Advisor’s
perspective, complementary skills and investment experience provide us with a competitive advantage and in
industries where we see an attractive risk/reward profile based on macroeconomic trends and existing
industry expertise.