Every 10-Q that BlackRock TCP Capital Corp. (TCPC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TCPC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TCPC filings page.
TCPC provides a detailed schedule of its investment portfolio, dominated by floating‑rate debt investments such as First Lien Term Loans and Sr Secured Revolvers. Instruments reference SOFR, CORRA, EURIBOR or Prime, typically with rate floors, stated spreads, disclosed total coupons and contractual maturities.
The positions span industries including software, health care technology, diversified financial services, construction and engineering, media, automobiles, hotels, restaurants and leisure, real estate management and development, and more. Structures include Delayed Draw Term Loans, second‑lien and unsecured term loans, and facilities with PIK interest features, exit fees and fixed‑rate coupons.
Alongside loans and revolvers, the portfolio holds equity and affiliate interests, including preferred and common units, ordinary shares, limited partnership or limited liability company interests, promissory notes and multiple warrants to purchase common or preferred stock in issuers such as Domo, Inc., SnapLogic, Inc., ResearchGate Corporation and Worldremit Group Limited, with warrant expirations extending into the early 2030s.
BlackRock TCP Capital Corp. focuses on a broad portfolio of primarily senior secured corporate loans across software, internet services, insurance, construction, healthcare, media, and consumer sectors. Most positions are first lien or second lien term loans and senior secured revolvers tied to SOFR or prime, typically with contractual floors and sizable credit spreads.
The portfolio includes many higher-yielding structures with cash and payment-in-kind (PIK) components, such as Callodine Commercial Finance at a total coupon of 15.59% and Gordon Brothers Finance Company unsecured debt at 15.36%. Maturities are generally laddered from 2025 through 2032, spreading credit and refinancing risk over multiple years.
In addition to debt, the company holds a wide range of equity, preferred units, and warrant positions in private companies worldwide, including technology, energy, financial services, and consumer businesses. These equity and warrant stakes provide potential upside alongside the interest income from the loan book.