BlackRock TCP Capital (TCPC) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
2 Dec, 2025Executive summary
Annual Meeting scheduled for May 22, 2025, will be held virtually, allowing stockholders to participate and vote online.
Stockholders of record as of March 26, 2025, are eligible to vote on key proposals.
Amendment corrects the term for elected directors, who will serve until the 2026 Annual Meeting.
Voting matters and shareholder proposals
Election of six director nominees to serve until the 2026 Annual Meeting or until successors qualify.
Proposal to authorize the sale of common stock below net asset value for up to 12 months, with a limit of 25% of outstanding shares per sale.
Other business may be transacted as properly brought before the meeting.
Board of directors and corporate governance
Board Chair and CEO is Philip Tseng, who signed the notice for the meeting.
The Board is responsible for calling the meeting and overseeing the voting process.
Latest events from BlackRock TCP Capital
- Q4 2025 income covered dividends, but NAV dropped 19% amid portfolio markdowns and repositioning.TCPC
Q4 202527 Feb 2026 - Q2 adjusted NII beat the dividend, but NAV dropped on higher non-accruals and losses.TCPC
Q2 20242 Feb 2026 - Q1 2025 net investment income exceeded dividends, with portfolio yield at 12.2% and strong liquidity.TCPC
Q1 202519 Jan 2026 - Q3 2024 saw NII outpace dividends, strong liquidity, and a diversified, resilient portfolio.TCPC
Q3 202416 Jan 2026 - Q3 2025 saw stable NAV, strong net investment income, and a Renovo write-down expected in Q4.TCPC
Q3 202512 Jan 2026 - NAV and earnings fell on higher non-accruals; dividend cut, with special payouts planned for 2025.TCPC
Q4 202423 Dec 2025 - Annual meeting to elect directors and authorize share sales below NAV, with Board support.TCPC
Proxy Filing2 Dec 2025 - Proposals: elect six directors, authorize share sales below NAV, and enhance governance and risk oversight.TCPC
Proxy Filing2 Dec 2025 - Vote on six Director nominees and share sales below net asset value at the 2025 meeting.TCPC
Proxy Filing2 Dec 2025