Dechert Advises BlackRock TCP Capital Corp. on its Proposed Merger with BlackRock Capital Investment Corporation

 
September 11, 2023

Dechert advised the independent directors of the Board of Directors of BlackRock TCP Capital Corp. (“TCPC”) in connection with TCPC’s entry into an agreement to merge with BlackRock Capital Investment Corporation (“BCIC”).  

Following the merger, the combined company will have enhanced scale and a larger asset base, including total assets of approximately $2.4 billion, and net assets of approximately $1.1 billion.

The Dechert team advising the independent directors of the Board of Directors of TCPC included corporate partners Harry S. Pangas and Eric Siegel, counsel Ross MacConnell, and associates John Stanley, Isabel Kim and Shanelle Gordon.

About Dechert

Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients’ rights in extreme situations. Our 1,000+ lawyers across 21 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.

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