TCPC
NASDAQ · Financial Services · Asset Management · US
BlackRock TCP Capital Corp. (NYSE:TCPC) is a business development company that was founded in 2012 and went public through an initial public offering in April of that year. The company operates as a specialty finance firm focused on providing debt and equity capital to middle-market companies across the United States. As a publicly traded business development company, TCPC is regulated under the Investment Company Act of 1940 and is required to distribute substantially all of its taxable income to shareholders as dividends. The company leverages the investment platform and resources of BlackRock, one of the world's largest asset management firms, to source and manage its portfolio investments.