---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-336845"
form_type: "8-K"
ticker: "TCPC"
cik: "0001370755"
company_name: "BlackRock TCP Capital Corp."
filed_at: "2026-08-06T12:05:28+00:00"
generated_at: "2026-08-06T12:10:30.469162+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-336845
- form_type: 8-K
- ticker: TCPC
- cik: 0001370755
- company_name: BlackRock TCP Capital Corp.
- filed_at: 2026-08-06T12:05:28+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370755/000119312526336845/0001193125-26-336845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370755/000119312526336845/tcpc-20260804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-336845
- JSON: https://secwatch.observer/filing/0001193125-26-336845.json
- Plain text: https://secwatch.observer/filing/0001193125-26-336845.txt

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