{"schema_version":"secwatch.filing_event.v1","accession":"0001133228-24-010815","form_type":"8-K","ticker":"TCPC","cik":"0001370755","company_name":"BlackRock TCP Capital Corp.","filed_at":"2024-12-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.275240+00:00","generated_at":"2026-05-29T09:40:32.627904+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BlackRock to acquire HPS Investment Partners for ~$12B in equity; combined private credit franchise ~$220B","bullets":["Acquisition for 12.1M SubCo Units exchangeable into BlackRock common; ~$12B total consideration.","HPS has ~$148B client assets; combined private credit AUM expected to reach ~$220B.","Deal expected to increase private markets fee-paying AUM by 40% and management fees by ~35%.","Expected to close mid-2025 subject to regulatory approvals; modestly accretive to EPS in first full year post-close.","HPS leadership (Kapnick, French, Patterson) to lead new unit and join BlackRock executive committee."],"urls":{"canonical":"https://secwatch.observer/filing/0001133228-24-010815","json":"https://secwatch.observer/filing/0001133228-24-010815.json","markdown":"https://secwatch.observer/filing/0001133228-24-010815.md","text":"https://secwatch.observer/filing/0001133228-24-010815.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000113322824010815/0001133228-24-010815-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000113322824010815/btcc-efp12545_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T09:40:32.627904+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}