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home / news releases / TCPC - BDC Weekly Review: Portfolio Performance Is Diverging


TCPC - BDC Weekly Review: Portfolio Performance Is Diverging

2024-03-15 22:42:20 ET

Summary

  • 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.
  • Carlyle Secured Lending had a good quarter, while TCP Capital Corp and BlackRock Capital Investment Corp. have approved a merger.

Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market....

For further details see:

BDC Weekly Review: Portfolio Performance Is Diverging
Stock Information

Company Name: BlackRock TCP Capital Corp.
Stock Symbol: TCPC
Market: NASDAQ
Website: tcpcapital.com

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