Risk factors
BlackRock TCP Capital (TCPC) risk factors
Item 1A of every BlackRock TCP Capital Corp. 10-K on file, and what changed from one year to the next.
- 2026 10-K risk factors
97 risks, 8 new, 6 dropped, 7 reworded since the prior year. Macro risks were reframed around global market disruption, tariffs and interest rates rather than recession, inflation and Brexit-specific uncertainty.
Filed Feb 27, 2026 - 2025 10-K risk factors
95 risks. Credit losses and falling valuations in private middle-market investments are the central risks.
Filed Feb 27, 2025