Dec. 21 at 8:00 PM
$TCPC BlackRock TCP Capital Corp. is at a pivotal juncture, strategically repositioning its portfolio and operations to thrive in a dynamic private credit landscape. The core investment thesis hinges on its ability to leverage the unparalleled resources of the BlackRock-HPS Private Financing Solutions platform, focusing on disciplined, first-lien middle-market lending, and a "lender of influence" approach. Despite recent portfolio challenges and NAV markdowns, the company has demonstrated tangible progress in reducing non-accruals and is actively working to optimize recovery values for its challenged assets.