BlackRock TCP Capital

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BlackRock TCP Capital is a specialty finance company that offers financing solutions and investment opportunities to middle-market businesses. They provide debt and equity capital, as well as structured products, to companies in a variety of industries. Some of the specific products and services offered by BlackRock TCP Capital include:
1. Senior Secured Loans: BlackRock TCP Capital offers senior secured loans to middle-market companies. These loans have a priority claim on the assets of the borrower, providing a high level of protection to investors.
2. Subordinated Debt: In addition to senior secured loans, BlackRock TCP Capital also provides subordinated debt, which is a type of financing that ranks below senior debt in terms of repayment priority. This type of debt typically offers higher interest rates to compensate for the increased risk.
3. Preferred Equity: BlackRock TCP Capital may also invest in preferred equity, which is a type of ownership interest in a company that has a higher claim on assets and earnings than common stock. Preferred equity typically offers a fixed dividend payment and can be converted into common stock at a predetermined price.
4. Structured Products: BlackRock TCP Capital also offers structured products, such as collateralized loan obligations (CLOs), which are securitized pools of loans that offer investors exposure to a diversified portfolio of middle-market loans.
5. Asset Management: In addition to providing financing solutions, BlackRock TCP Capital also offers asset management services for individuals, institutions, and emerging and established fund managers who are looking to invest in the middle market.
6. Specialized Financing Solutions: BlackRock TCP Capital is known for offering specialized financing solutions that are tailored to the specific needs of middle-market companies. This includes solutions like unitranche financing, which provides a blend of senior and subordinated debt in a single loan.
7. Advisory Services: BlackRock TCP Capital also offers advisory services to middle-market companies, providing strategic guidance and financial expertise to help them grow and achieve their goals.
Overall, BlackRock TCP Capital offers a wide range of products and services to help middle-market companies access the financing they need to support their growth and success. They also provide investment opportunities for individuals and institutions looking to invest in this important segment of the economy.