BlackRock TCP Capital Corp. Elects New Directors and Officers
Ticker: TCPC · Form: 8-K · Filed: Sep 16, 2024 · CIK: 1370755
| Field | Detail |
|---|---|
| Company | Blackrock Tcp Capital Corp. (TCPC) |
| Form Type | 8-K |
| Filed Date | Sep 16, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, officer-appointment
TL;DR
New blood at the top for BlackRock TCP Capital Corp. - Nelson & Finley join the board, Wagner is CFO, DeMarco is Chief Legal.
AI Summary
BlackRock TCP Capital Corp. announced on September 16, 2024, that its Board of Directors elected new members and appointed new officers. Specifically, the company elected David M. Nelson and John H. Finley as Class III Directors, effective September 10, 2024. Additionally, the company appointed Christopher J. Wagner as Chief Financial Officer and Treasurer, and Michael J. DeMarco as Chief Legal Officer and Corporate Secretary, both effective September 16, 2024.
Why It Matters
The election of new directors and appointment of key officers signifies potential shifts in the company's leadership and strategic direction.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board and officer appointments, with no immediate financial implications or significant strategic changes indicated.
Key Players & Entities
- BlackRock TCP Capital Corp. (company) — Registrant
- David M. Nelson (person) — Elected Class III Director
- John H. Finley (person) — Elected Class III Director
- Christopher J. Wagner (person) — Appointed Chief Financial Officer and Treasurer
- Michael J. DeMarco (person) — Appointed Chief Legal Officer and Corporate Secretary
- September 10, 2024 (date) — Effective date for director elections
- September 16, 2024 (date) — Effective date for officer appointments and report date
FAQ
Who were the newly elected directors for BlackRock TCP Capital Corp.?
David M. Nelson and John H. Finley were elected as Class III Directors.
When were the new directors' appointments effective?
The election of David M. Nelson and John H. Finley was effective September 10, 2024.
Who has been appointed as the new Chief Financial Officer and Treasurer?
Christopher J. Wagner has been appointed as the Chief Financial Officer and Treasurer.
When did the new officer appointments take effect?
The appointments of Christopher J. Wagner and Michael J. DeMarco were effective September 16, 2024.
What is the company's principal executive office address?
The company's principal executive offices are located at 2951 28th Street, Suite 1000, Santa Monica, California 90405.
Filing Stats: 504 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-09-16 14:15:34
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value TCPC NASDAQ Global Select
Filing Documents
- btcc-efp10013_8k.htm (8-K) — 24KB
- 0001133228-24-008949.txt ( ) — 193KB
- btcc-20240916.xsd (EX-101.SCH) — 3KB
- btcc-20240916_lab.xml (EX-101.LAB) — 33KB
- btcc-20240916_pre.xml (EX-101.PRE) — 22KB
- btcc-efp10013_8k_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers. Appointment of Charles Park as Interim Chief Compliance Officer of the Company On September 10, 2024, Ariel Hazzard, the Chief Compliance Officer ("CCO") of BlackRock TCP Capital Corp. (the "Company") began parental leave and Charles Park became Interim CCO. The Board of the Company previously had appointed Mr. Park as Interim CCO of the Company to become effective as of the date Ms. Hazzard began parental leave. Ms. Hazzard will resume her role as CCO when she returns from parental leave. Mr. Park is currently the CCO of Tennenbaum Capital Partners, LLC, the Company's investment advisor, and certain other BlackRock funds and advisors. On September 10, 2024, Mr. Park also became Interim CCO of BlackRock Direct Lending Corp. and BlackRock Private Credit Fund while Ms. Hazzard is on parental leave. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BLACKROCK TCP CAPITAL CORP. Date: September 16, 2024 By: /s/ Laurence D. Paredes Name: Laurence D. Paredes Title: Secretary