as at 09 Oct 2026
Insurance Asset News
Investment Strategy

BlackRock TCP Capital offloads $523m of loans to Pantheon

By IAN Editorial Desk
6 August 2026·2 min read
Primary source: blackrocktcp.com

The sale of 95% of a continuation vehicle holding about $523m of loans would cut net leverage to roughly 0.4x from 1.38x.

BlackRock TCP Capital on 4 August agreed to sell 95% of the equity in a continuation vehicle holding about $523m of private loans to Pantheon-sponsored funds and accounts, while retaining a 5% stake. The deal would cut net leverage to roughly 0.4x from 1.38x, giving the listed business development company a lighter balance sheet as it works to reposition the…

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