TCP CAPITAL CORP. (NASDAQ:TCPC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Election of Directors; Appointment of Certain Officers.
herewith as Exhibit 99.1, announcing that on March 9, 2017, the
registrants board of directors (the Board) appointed Kathleen A.
Corbet as an independent director to the Board effective March 9,
2017. The Board has determined that Ms. Corbet is not an
interested person as defined in Section 2(a)(19) of the
Investment Company Act of 1940 and is independent within the
meaning of the independence standards of the NASDAQ Marketplace
transaction in which Ms. Corbet or a person related to Ms. Corbet
had a direct or indirect material interest. To the registrants
knowledge, there is no arrangement or understanding between any
of its officers and directors and Ms. Corbet to which Ms. Corbet
was selected to serve as a director.
99.1 hereto, is being furnished and shall not be deemed filed for
purposes of Section 18 of the Securities Exchange Act of 1934 and
shall not be deemed incorporated by reference into any filing
made under the Securities Act of 1933, except as expressly set
forth by specific reference in such filing.
Press Release, dated as of March 9, 2017.
About TCP CAPITAL CORP. (NASDAQ:TCPC)
TCP Capital Corp. is a closed-end, non-diversified management investment company. The Company’s investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. The Company invests in debt securities of middle-market companies. The Company holds interests in Special Value Continuation Partners, LP. The Company receives contractual interest payments on debt investments and originations, and equity appreciation through options, warrants, conversion rights or direct equity investments. The Company has various types of investment assets, such as equity, senior secured debt, and mezzanine/junior. Its portfolio includes its investments in various industries, such as software publishing; computer systems design and related services; business support services; insurance carriers; radio and television broadcasting; air transportation, and hospitals. Its investment advisor is Tennenbaum Capital Partners, LLC. TCP CAPITAL CORP. (NASDAQ:TCPC) Recent Trading Information
TCP CAPITAL CORP. (NASDAQ:TCPC) closed its last trading session 00.00 at 17.01 with 138,569 shares trading hands.