BlackRock TCP Capital (TCPC) Announces COO Resignation and Appointment

What Happened
BlackRock TCP Capital Corp. (TCPC) filed an 8-K (Item 5.02) reporting that Patrick Wolfe informed the company on September 22, 2026 that he will resign as Chief Operating Officer effective at the close of business on December 18, 2026, to pursue other business opportunities; his resignation is not due to any disagreement with the Company or BlackRock, Inc. On September 25, 2026 the Board appointed Dan Worrell to serve as COO of the Company effective at the close of business on December 18, 2026. Mr. Worrell will also serve as COO of BlackRock Direct Lending Corp. (BDLC) and BlackRock Private Credit Fund (BDEBT) and will continue as President of all three entities until resignation or removal by the Board.

Key Details

• Patrick Wolfe notified the Company of his resignation on Sept 22, 2026; resignation effective Dec 18, 2026.
• The Board appointed Dan Worrell on Sept 25, 2026; appointment effective Dec 18, 2026.
• Dan Worrell (born 1963) is a Managing Director at BlackRock, previously served as Co‑Chief Investment Officer of the Company, BDLC and BDEBT from Nov 6, 2024 to Sept 2, 2026, and is a senior member of BlackRock’s Private Financing Solutions (PFS) platform.
• Mr. Worrell’s background includes leadership in U.S. core middle market direct lending; he holds an M.B.A. from Columbia University and a B.S. from California State University, Northridge. The filing reports no family relationships or related‑party transactions requiring disclosure.

Why It Matters
This is an executive-level leadership change disclosed in an 8-K. The appointment of an internal, senior executive (Dan Worrell), who already holds President roles and investment leadership responsibilities across the related funds, suggests continuity in operations and investment oversight. The filing states the outgoing COO’s departure is not due to any disagreement, and no compensatory or related‑party issues were disclosed. Investors should note the date of the transition (Dec 18, 2026) and monitor future filings for any additional details on management responsibilities or material impacts.