---
schema_version: "secwatch.filing_event.v1"
accession: "0001133228-25-006942"
form_type: "8-K"
ticker: "TCPC"
cik: "0001370755"
company_name: "BlackRock TCP Capital Corp."
filed_at: "2025-07-01T23:59:59+00:00"
generated_at: "2026-05-18T09:55:49.378041+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# BlackRock completes HPS acquisition, creating $190B private credit platform

## Summary
- BlackRock completed acquisition of 100% of HPS Investment Partners on July 1, 2025.
- Combined private credit platform totals $190B in client assets; new Private Financing Solutions (PFS) unit created.
- HPS strategies (SIP, SLF, CSL, HLEND) to retain branding; PFS led by Scott Kapnick, Scot French, Michael Patterson.
- For TCPC, Advisor's investment committee now includes 7 voting members: Tseng, Mehring, Worrell, DiPaolo, Keswani, Fenstermacher, Parekh.

## SEC filing metadata
- accession: 0001133228-25-006942
- form_type: 8-K
- ticker: TCPC
- cik: 0001370755
- company_name: BlackRock TCP Capital Corp.
- filed_at: 2025-07-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370755/000113322825006942/0001133228-25-006942-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370755/000113322825006942/tcpc-efp16563_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001133228-25-006942
- JSON: https://secwatch.observer/filing/0001133228-25-006942.json
- Plain text: https://secwatch.observer/filing/0001133228-25-006942.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.