BlackRock TCP Capital (TCPC) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
9 Apr, 2026Executive summary
The 2026 Annual Meeting will be held virtually on May 27, 2026, to elect six directors and conduct other business as needed.
Stockholders of record as of March 30, 2026, are eligible to vote, with 84,229,112 common shares outstanding, each entitled to one vote.
Voting can be done via internet, telephone, mail, or during the virtual meeting using a control number.
The Board recommends voting FOR all six director nominees.
Proxy materials, including the annual report, are available online for review.
Voting matters and shareholder proposals
The main proposal is the election of six director nominees to serve until the 2027 Annual Meeting.
Stockholders may submit proposals for the 2027 meeting by December 10, 2026, for inclusion in the proxy statement.
Additional business may be transacted as properly brought before the meeting.
Board of directors and corporate governance
The Board consists of six directors: one interested director (Chair/CEO) and five independent directors.
Committees include Audit, Governance and Compensation, and Joint Transactions, all composed of independent directors.
The Lead Independent Director coordinates independent director activities and presides in the Chair's absence.
Directors are subject to annual independence reviews and a mandatory retirement age of 75, waivable by Board vote.
The Board values diversity, experience, and skills in director selection.
Latest events from BlackRock TCP Capital
- Vote in the 2026 Annual Meeting to elect six Director nominees as recommended by the Board.TCPC
Proxy filing30 Apr 2026 - 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