BlackRock TCP Capital Corp.

NasdaqGS:TCPC Stock Report

Market Cap: US$490.7m

BlackRock TCP Capital Management

Management criteria checks 0/4

BlackRock TCP Capital's CEO is Phil Tseng, appointed in Nov 2024, has a tenure of less than a year. directly owns 0.045% of the company’s shares, worth $222.66K. The average tenure of the management team and the board of directors is 0.9 years and 2.3 years respectively.

Key information

Phil Tseng

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.05%
Management average tenureless than a year
Board average tenure2.3yrs

Recent management updates

Recent updates

BlackRock TCP Capital: Still Too Speculative To Go Long

Aug 24

BlackRock TCP: Still Too Speculative After The Dividend Cut

Apr 02

BlackRock TCP Capital: Q4 Earnings Show No Signs Of Improvement

Mar 04

BlackRock TCP Capital Is Risky But May Prove Profitable

Jan 27

BlackRock TCP Capital: The Tide Is Turning (Rating Upgrade)

Jan 03

BlackRock TCP Capital: Improving Portfolio Quality But Still Not A Buy

Nov 20

BlackRock TCP Capital: A Trading Opportunity Too Tempting To Pass Up

Oct 15

BlackRock TCP Capital: The Yield Of 17.9% Is Likely To Be Cut

Aug 29

BlackRock TCP Capital: Weakening Earnings May Result In Distribution Cut (Rating Downgrade)

Aug 19

BlackRock TCP Capital Corp.: Low Expected Returns

Jul 22

BlackRock TCP Capital: Still A Suboptimal BDC Pick After Q1 Results

Jun 09

BlackRock TCP Capital: Post-Merger Opportunity For Income And Growth

May 27

BlackRock TCP Capital: Q1 Results Show Increased Profitability

May 07

BlackRock TCP Capital Corp.: 13% Yield, Upcoming Merger

Mar 10

BlackRock TCP Capital: Rating Downgrade After Q4 Results

Mar 01

BlackRock TCP Capital: 11% Covered Yield, But There Are Risks

Feb 01

BlackRock TCP Capital: A Great, Well-Covered 10.3% Yield

Sep 26

BlackRock TCP Capital Q2 2022 Earnings Preview

Aug 02

BlackRock TCP Q1 Update: Income Jumps, Valuation Converges With Sector

May 19

BlackRock TCP Capital: All The Positive Results Are Already Priced In

Apr 06

BlackRock TCP Capital: 9% Yield, Get Your Marshmallow Now

Jan 18

TCPC: Undervalued BDC With Income Tailwinds

Sep 28

CEO

Phil Tseng (49 yo)

less than a year
Tenure

Mr. Philip M. Tseng, also known as Phil, is Chairman of the Board at BlackRock Direct Lending Corp. from May 18, 2025. He serves as Managing Director of BlackRock Capital Investment Corporation, at BlackRo...

Leadership Team

NamePositionTenureCompensationOwnership
Philip Tseng
MD, CEOless than a yearno data0.045%
$ 222.7k
Jason Mehring
President & MDless than a yearno data0.026%
$ 129.5k
Erik Cuellar
Chief Financial Officer4.3yrsno data0.00029%
$ 1.4k
Patrick Wolfe
Chief Operating Officerless than a yearno data0.0094%
$ 46.2k
Dan Worrell
MD & Co-Chief Investment Officerless than a yearno data0.039%
$ 193.3k
Charles Choon Park
Chief Compliance Officerless than a yearno datano data
Diana Huffman
General Counsel and Secretary1.8yrsno datano data
Robert DiPaolo
Managing Directorno datano datano data
Joseph Ryu
Managing Directorless than a yearno datano data
Michael Fenstermacher
Managing Directorless than a yearno datano data
Vikas Keswani
Managing Directorless than a yearno datano data
Grishma Parekh
Managing Directorless than a yearno datano data
0.9yrs
Average Tenure
51yo
Average Age

Experienced Management: TCPC's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Philip Tseng
MD, CEO1.2yrsno data0.045%
$ 222.7k
Eric Draut
Lead Independent Director14.7yrsUS$183.00k0.065%
$ 320.4k
Maureen Usifer
Independent Director1.6yrsUS$88.00k0.028%
$ 135.6k
Karen Leets
Independent Director3yrsUS$160.00k0.0090%
$ 44.3k
John Baron
Independent Director1.6yrsUS$80.00k0.0099%
$ 48.5k
Andrea Petro
Independent Director5.2yrsUS$162.00k0.014%
$ 68.2k
2.3yrs
Average Tenure
68yo
Average Age

Experienced Board: TCPC's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/30 17:15
End of Day Share Price 2025/10/30 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

BlackRock TCP Capital Corp. is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Derek HewettBofA Global Research
Richard EckertB. Riley Securities, Inc.
David ChiaveriniCantor Fitzgerald & Co.