BlackRock TCP Capital sells $523M portfolio to Pantheon, reports Q2 NII $0.22/share

BlackRock TCP Capital Corp.

Sold 95% of Continuation Vehicle holding $523M in loans across 78 companies to Pantheon for ~$152M gross proceeds; closed Aug 4, 2026.
Transaction reduces net leverage from 1.38x to ~0.4x pro forma; NAV impact -$0.68/share (-10.4%).
Q2 GAAP NII $18.1M ($0.22/share); adjusted NII $17.5M ($0.21/share); NAV $6.58 as of June 30.
Board declared Q3 dividend $0.17/share payable Sep 30, 2026; engaged KBW to explore strategic alternatives.
Unfunded commitments reduced from ~$90M to ~$36M; retained 5% equity in vehicle.

item 1.01 item 2.01 item 2.02 item 7.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.