8-K
filed September 16, 2024, 7:59 PM ET
ticker TCPC
CIK 0001370755
leadership
confidence high
sentiment neutral
materiality 0.70
BlackRock TCP Capital appoints Philip Tseng as Chair and CEO, replacing Rajneesh Vig
BlackRock TCP Capital Corp.
- Rajneesh Vig resigns as Chair and CEO effective Nov 6, 2024, to pursue other opportunities; no disagreement with company.
- Philip Tseng appointed Chair and CEO effective Nov 6, 2024; previously President and Managing Director at BlackRock.
- Officer changes: Jason Mehring as President, Patrick Wolfe as COO, Dan Worrell and Philip Tseng as Co-CIOs, effective Nov 6.
- Vig remains Director until Jan 31, 2025, and employee until Feb 1, 2025, for transition.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Philip Tseng departed as President at BlackRock TCP Capital Corp..
- Action
- ceased
- Role
- President
Exact text from the filing
Mr. Tseng will continue to serve as President of the Company, BDLC and BlackRock Private Credit Fund (“BDEBT”) until the close of business on November 6, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Philip Tseng was appointed as Chair of the Board and Chief Executive Officer at BlackRock TCP Capital Corp..
- Action
- appointed
- Role
- Chair of the Board and Chief Executive Officer
Exact text from the filing
On September 16, 2024, the Board of the Company appointed Philip Tseng as Chair of the Board of Directors of the Company and as CEO of the Company, with the appointments effective as of the close of business on November 6, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Patrick Wolfe was appointed as Chief Operating Officer at BlackRock TCP Capital Corp..
- Action
- appointed
- Role
- Chief Operating Officer
Exact text from the filing
· Patrick Wolfe to the position of Chief Operating Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Dan Worrell was appointed as Co-Chief Investment Officer at BlackRock TCP Capital Corp..
- Action
- appointed
- Role
- Co-Chief Investment Officer
Exact text from the filing
· Dan Worrell to the position of Co-Chief Investment Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Rajneesh Vig resigned as Chair of the Board and Chief Executive Officer at BlackRock TCP Capital Corp..
- Action
- resigned
- Role
- Chair of the Board and Chief Executive Officer
Exact text from the filing
On September 16, 2024, Rajneesh Vig informed BlackRock TCP Capital Corp. (the “Company”) of his resignation from his positions as Chair of the Board of Directors of the Company and as Chief Executive Officer (“CEO”) of the Company, effective as of the close of business on November 6, 2024, to pursue other business opportunities outside of BlackRock, Inc.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jason Mehring was appointed as President at BlackRock TCP Capital Corp..
- Action
- appointed
- Role
- President
Exact text from the filing
· Jason Mehring to the position of President
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Philip Tseng was appointed as Co-Chief Investment Officer at BlackRock TCP Capital Corp..
- Action
- appointed
- Role
- Co-Chief Investment Officer
Exact text from the filing
· Philip Tseng to the position of Co-Chief Investment Officer
View on SEC.gov
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