Business Context and Reporting Period
BlackRock TCP Capital Corp. (NASDAQ: TCPC) is a Delaware corporation. This Form 8-K reports management changes occurring in September 2026; it does not provide quarterly or annual financial results. The report date is September 22, 2026, while the filing describes the COO appointment and signature as occurring on September 25, 2026.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, investment portfolio, or other financial metrics.
Material Changes
- Patrick Wolfe resigned as Chief Operating Officer, effective at the close of business on December 18, 2026, to pursue business opportunities outside BlackRock.
- The filing states that Mr. Wolfe’s resignation was not due to any disagreement with the Company or BlackRock, Inc.
- On September 25, 2026, the Board appointed Dan Worrell as COO, effective at the close of business on December 18, 2026.
- Mr. Worrell will also become COO of BlackRock Direct Lending Corp. and BlackRock Private Credit Fund on the same effective date, while continuing as President of all three entities unless he resigns or is removed.
Guidance, Outlook, Risks and Unusual Items
No financial guidance or outlook was provided. The transition represents a management succession event. Mr. Worrell is a BlackRock Managing Director and senior member of the Private Financing Solutions platform, with prior experience at Tennenbaum Capital Partners and Mulholland Capital Advisors.
The filing states that Mr. Worrell has no family relationships with the Company’s directors or executive officers and is not party to a transaction reportable under Item 404(a) of Regulation S-K.
Investor Verification Checklist
- Verify the effective date of the COO transition: close of business on December 18, 2026.
- Confirm whether Patrick Wolfe’s departure and Dan Worrell’s appointment affect portfolio management, investment strategy, or operational oversight.
- Review subsequent filings for confirmation of the transition and any additional compensation or employment arrangements.
- Note the apparent timing inconsistency between the September 22 report date and the September 25 appointment and signature dates.