BlackRock Capital Investment Corp
BKCC

About: BlackRock Capital Investment Corporation is a closed-end investment management enterprise based in the United States. It carries out its operations to generate both income and capital appreciation for its investors through its senior and junior secured, unsecured, and subordinated debt securities and loans and equity securities. It also follows a policy of investing predominantly in middle-market companies with adequate annual revenue and positive cash flows. Its investment portfolio includes companies predominantly in the finance sector. Other sectors of investments comprise chemicals, healthcare, consumer goods, and retail.

Employees: 65

Delisted

BKCC was delisted on the 19th of May, 2024.

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BlackRock TCP Capital Corp. Announces Completion of Merger With BlackRock Capital Investment Corporation

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) today announced the closing of the previously announced merger with BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ:BKCC). The combined company will continue to trade on the Nasdaq Global Select Market under the ticker symbol “TCPC” and continue to be externally managed by its advisor, a wholly-owned, indirect subsidiary of BlackRock, Inc. Rajneesh Vig, Co-Head of US Private Capital (USPC) for Bla.

BlackRock TCP Capital Corp. Announces Completion of Merger With BlackRock Capital Investment Corporation

BlackRock TCP Capital Corp. Announces Completion of Merger With BlackRock Capital Investment Corporation

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) today announced the closing of the previously announced merger with BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ:BKCC). The combined company will continue to trade on the Nasdaq Global Select Market under the ticker symbol “TCPC” and continue to be externally managed by its advisor, a wholly-owned, indirect subsidiary of BlackRock, Inc. Rajneesh Vig, Co-Head of US Private Capital (USPC) for Bla.

BlackRock TCP Capital Corp. Announces Completion of Merger With BlackRock Capital Investment Corporation

BDC Weekly Review: Portfolio Performance Is Diverging

We take a look at the BDC sector through the second week of March. BDC returns were marginally positive, with some companies significantly dragging down the average weekly return. Q4 saw a significant rise in performance divergence across the sector - an indication of a heightened level of stress by borrowers.

BDC Weekly Review: Portfolio Performance Is Diverging

BlackRock TCP Capital Corp. and BlackRock Capital Investment Corporation Announce Shareholder Approval of Merger

SANTA MONICA, Calif.--(BUSINESS WIRE)--BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) and BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ: BKCC) announced today that the shareholders of each business development company (“BDC”) have voted to approve the necessary proposals related to the merger of TCPC and BCIC at each company's special meeting of shareholders held on March 7, 2024. Shareholders voted overwhelmingly in favor of the proposed transaction, as more than 90% of sharehol.

BlackRock TCP Capital Corp. and BlackRock Capital Investment Corporation Announce Shareholder Approval of Merger

BlackRock Capital Investment Corporation (BKCC) Q4 2023 Earnings Call Transcript

BlackRock Capital Investment Corporation (NASDAQ:BKCC ) Q4 2023 Earnings Call Transcript March 6, 2024 10:00 AM ET Company Participants Laurence D. Paredes - Corporate Secretary James Keenan - Chairman and Interim CEO Nik Singhal - President Chip Holladay - Interim CFO Conference Call Participants Finian O'Shea - Wells Fargo Securities Melissa Wedel - JPMorgan Operator Good morning.

BlackRock Capital Investment Corporation (BKCC) Q4 2023 Earnings Call Transcript

BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended December 31, 2023, Declares Quarterly Cash Dividend of $0.10 per Share

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (NASDAQ:BKCC) (“BCIC” or the “Company,” “we,” “us” or “our”) announced today that its Board of Directors declared a quarterly dividend of $0.10 per share, payable in cash on March 29, 2024 to stockholders of record at the close of business on March 15, 2024. Stockholders that participate in the Company's dividend reinvestment plan will receive this dividend in cash and not in shares of the Company's common stock to facilitate t.

BlackRock Capital Investment Corporation Reports Financial Results for the Quarter Ended December 31, 2023, Declares Quarterly Cash Dividend of $0.10 per Share

BlackRock Capital Investment Corporation to Report Fourth Quarter 2023 Earnings on March 5, 2024

NEW YORK--(BUSINESS WIRE)--BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BlackRock Capital Investment" or the "Company") announced today that it will report earnings for the fourth quarter 2023 on Tuesday, March 5, 2024 after the close of the financial markets. BlackRock Capital Investment invites all interested persons to attend its webcast/teleconference at 10:00 a.m. (Eastern Time) on Wednesday, March 6, 2024 to discuss its fourth quarter 2023 financial results. The Company's four.

BlackRock Capital Investment Corporation to Report Fourth Quarter 2023 Earnings on March 5, 2024

How To Earn Yields Up To 15% From Small Business

Buying a business development company (BDCs) is kinda, sorta like investing like a venture capitalist (VC).

How To Earn Yields Up To 15% From Small Business

BlackRock Capital Investment: 10.2% Yield And A Merger Catalyst

BlackRock Capital's portfolio has improved in quality since I last covered the BDC in 2023, with a shift towards first lien positions and a decrease in nonaccrual loans. The merger between BlackRock Capital and BlackRock TCP Capital is expected to result in a better diversified portfolio and operational benefits. Currently, BlackRock Capital trades at a discount to net asset value, but the merger and improving portfolio quality could close this gap.

BlackRock Capital Investment: 10.2% Yield And A Merger Catalyst

BlackRock Capital Investment: This 11% BDC Yield Is No Longer A Buy (Downgrade)

BlackRock Capital Investment Corporation announces merger with BlackRock TCP Capital Corp., resulting in lower management fees and potential for NII growth. The BDC remains focused on First-Lien debt and easily covers its dividend with NII, but suffers from an increase in non-accruals. The merger deal is expected to yield advantages, including an enhanced portfolio size and a more diversified investment portfolio.

BlackRock Capital Investment: This 11% BDC Yield Is No Longer A Buy (Downgrade)

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