BlackRock private credit fund CEO exits amid TCPC overhaul
Phil Tseng is stepping down as chief executive of BlackRock TCP Capital Corp (TCPC), following a difficult period for the listed private credit vehicle that has included substantial loan markdowns, scrutiny of its valuation practices and a significant restructuring of its investment portfolio, according to a report by Bloomberg.
Original Source
Read the full article at Privateequitywire →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.