leadership
confidence high
sentiment neutral
materiality 0.30
BlackRock TCP Capital COO Patrick Wolfe resigns; President Dan Worrell named COO effective Dec 18, 2026
BlackRock TCP Capital Corp.
- Patrick Wolfe resigned as COO effective close of business December 18, 2026, to pursue opportunities outside BlackRock; the filing states it is not due to any disagreement with the company.
- Board appointed Dan Worrell, currently President, as COO effective December 18, 2026; he will also serve as COO of BlackRock Direct Lending Corp. and BlackRock Private Credit Fund.
- Worrell, born 1963, is a BlackRock Managing Director and served as Co-Chief Investment Officer of TCPC, BDLC and BDEBT from November 6, 2024 until September 2, 2026.
- He will retain his President roles at all three entities and leads BlackRock's U.S. core middle market direct lending strategy; previously a Managing Director at Tennenbaum Capital Partners.
- No family relationships with directors or officers and no related-party transactions requiring Item 404(a) disclosure, per the filing.