BlackRock TCP Capital

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BlackRock TCP Capital, also known as TCP Capital, is an investment firm that provides capital to middle market companies. It was established in 1999 and is headquartered in Santa Monica, California. The company is a public company and is listed on the NASDAQ exchange under the ticker symbol TCPC.
TCP Capital focuses on providing flexible financing solutions to privately-held companies with strong fundamentals and growth potential. It primarily invests in senior secured loans, mezzanine debt, and equity investments.
The company is part of the BlackRock family of funds, one of the largest asset management firms in the world. In addition to its investment activities, TCP Capital also offers financial and operational support to its portfolio companies in order to help them achieve their growth objectives.
TCP Capital’s investment portfolio is diverse and includes companies from various industries such as healthcare, energy, technology, and consumer goods. As of December 31, 2021, the company’s investment portfolio had a fair value of approximately $1.9 billion.
TCP Capital is led by a team of experienced investment professionals with backgrounds in finance, private equity, and investment banking. The company’s board of directors includes individuals with extensive experience in the financial industry.
TCP Capital is committed to responsible and ethical business practices, and it is a signatory of the United Nations Principles for Responsible Investment. The company also has a strong commitment to corporate governance and transparency, regularly disclosing its financial results and investment activities to its shareholders.
In addition to its investment activities, TCP Capital also has a strong commitment to giving back to the community. The company has a philanthropic program that supports various organizations and initiatives focused on education, healthcare, and economic empowerment.

1. Focused on middle-market lending: BlackRock TCP Capital specializes in providing financing solutions to middle-market companies, which often have limited access to traditional bank loans or public capital markets.
2. Experienced investment team: The company’s investment team has an average of over 20 years of experience in the middle-market lending space, giving them deep expertise and a strong network in the industry.
3. Diverse investment portfolio: BlackRock TCP Capital invests in a variety of industries, including technology, healthcare, consumer products, and energy, allowing for diversification and risk management.
4. Strong financial performance: The company has a track record of delivering consistent returns to shareholders through its disciplined underwriting process and active portfolio management.
5. Relationship-oriented approach: Unlike traditional banks, BlackRock TCP Capital takes a partnership approach towards its borrowers, providing customized financing solutions tailored to the specific needs of each company.
6. Backed by BlackRock: As a subsidiary of BlackRock, the largest investment management firm in the world, BlackRock TCP Capital has access to significant resources and expertise, providing stability and credibility to the company.
7. Commitment to responsible investing: The company has a strong focus on environmental, social, and governance (ESG) principles and has been recognized for its commitment to responsible investing by various industry organizations.
8. Consistent dividend payments: BlackRock TCP Capital has a history of paying steady dividends to shareholders, providing a reliable income stream for investors.
9. Transparency and disclosure: The company provides transparent and detailed reporting to its shareholders, allowing for a clear understanding of its investment strategy and performance.
10. Strong corporate culture: BlackRock TCP Capital has a strong corporate culture that focuses on integrity, teamwork, and high ethical standards, creating a positive work environment for its employees.

The BlackRock TCP Capital company, also known as Tennenbaum Capital Partners, is a publicly-traded business development company (BDC) that specializes in providing debt and equity capital to middle-market companies in the United States. Their main business model revolves around making investments in private companies, typically ranging from $10 million to $50 million, and generating returns through the interest and dividends paid on these investments, as well as through capital appreciation upon exit. They also offer financial advisory and consulting services to their portfolio companies. Their objective is to generate consistent and stable returns for their investors while helping their portfolio companies grow and succeed.

1. BlackRock TCP Capital (formerly known as Tennenbaum Capital Partners) is an alternative investment management firm that specializes in providing debt and equity financing to middle-market companies.
2. The company was founded in 1999 by Howard Marks and Bruce Karsh, two former executives at The TCW Group.
3. BlackRock TCP Capital is based in Los Angeles, California and has offices in New York, Chicago, and London.
4. As of 2021, BlackRock TCP Capital has approximately $7 billion in assets under management.
5. The company focuses on investing in companies in industries such as healthcare, technology, financial services, and energy.
6. BlackRock TCP Capital primarily invests in first and second lien loans, mezzanine debt, and equity securities of middle-market companies.
7. The company is publicly traded on the NASDAQ under the ticker symbol TCPC.
8. In 2017, BlackRock TCP Capital merged with BlackRock Kelso Capital, another business development company, to form one of the largest and most diversified BDCs in the market.
9. BlackRock TCP Capital is known for its conservative and disciplined investment approach, which has resulted in a track record of stable and strong returns for its investors.
10. The company has a diverse group of shareholders, with institutional investors making up the majority of its ownership.
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