BlackRock TCP Capital sells $511.9 million investment portfolio in asset transaction - TCPC News | RalliesBlackRock TCP Capital sells $511.9 million investment portfolio in asset transaction
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TCPC• Asset sale reduces portfolio, assets and debt
- BlackRock TCP Capital executed an asset sale that cut investments at fair value to USD 778.62 million on a pro forma June 30, 2026 basis.
- Total assets fell to USD 823.63 million from USD 1.48 billion, reflecting USD 652.84 million of transaction-related reductions.
- Debt, net of deferred issuance costs, dropped to USD 318.95 million from USD 910.58 million.
- Net assets declined to USD 494.86 million from USD 552.01 million.
- Pro forma six-month net loss widened to USD 71.7 million, driven by a USD 57.14 million investment loss tied to the transaction.
