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Three high-yield credit vehicles all promise fat distributions, but distribution cuts, collapsing NAV, and buried fees tell a darker story than the yield headlines suggest. Only one of the three actually earns its payout right now.
BlackRock is exploring a potential sale of its loan portfolio owned by TCP Capital Corp. (NASDAQ: TCPC) in another step towards reshaping the private credit vehicle after a difficult stretch. The asset manager has brought in Keefe, Bruyette & Woods...
BlackRock TCP Capital Corp. is selling a $523 million portfolio of private credit investments to shore up its balance sheet, reduce leverage and regain flexibility after mounting pressure on its publicly traded lending vehicle. TCPC, a business development company managed...
Moby summary of BlackRock TCP Capital Corp.'s Q2 2026 earnings call
TCPC completes landmark $523 million portfolio sale, reducing pro forma net leverage to 0.4x while initiating a strategic review to enhance shareholder value.
SANTA MONICA, Calif., August 06, 2026--BlackRock TCP Capital Corp. ("we," "us," "our," "TCPC" or the "Company"), a business development company (NASDAQ: TCPC), today announced its financial results for the second quarter ended June 30, 2026 and a $523 million portfolio sale transaction that meaningfully accelerates its ongoing efforts to strengthen its financial position and reshape its investment portfolio.
Massive dividend yields are a huge draw for investors – both because everyone likes income…and because a company that can pay a dividend surely has the cash to pay out that dividend, right? Most of the time, that’s true. But things can get rough when a company doesn’t have the cash to continue funding the ... 5 Income Stocks Yielding 10%+ with Dividends in Danger
SANTA MONICA, Calif., July 09, 2026--BlackRock TCP Capital Corp. (NASDAQ: TCPC) announced today that it will report its financial results for the second quarter ended June 30, 2026, on Thursday, August 6, 2026, prior to the opening of the financial markets.
The chief executive officer of private credit fund BlackRock TCP Capital Corp. is departing the firm during ongoing losses, significant asset markdowns and federal scrutiny over valuation practices. Sources familiar with the matter revealed to Bloomberg that Phil Tseng will...
Private credit pioneer Ares Management disclosed a wide array of new or increased stakes in alternative asset vehicles including several direct lending funds in its quarterly 13-F filing with the U.S. Securities and Exchange Commission on Friday. Ares, an alternative asset manager that said this month it raised a record $30 billion during the first quarter, revealed that it initiated a position in medical device manufacturer Integer Holdings during the same period, a stake that was valued at $53.3 million as of March 31. It also made smaller first-time investments in business developm
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