– USA, CA – BlackRock TCP Capital Corp. (NASDAQ: TCPC), today announced the appointment of Karen Leets to its Board as an Independent Director effective October 27, 2022.
“Karen brings a distinguished background and wealth of knowledge that will further strengthen our board on behalf of shareholders. We are fortunate to have a strong and diverse Board composed of talented leaders who ensure robust governance and an enduring focus on prudent long-term growth and returns,” said Chairman and CEO, Rajneesh Vig.
Karen Leets will also join the Audit Committee and Governance and Compensation Committees.
About Karen Leets
Karen Leets is SVP and Treasurer of Baxter International, Inc., a multinational healthcare company, and holds a CPA license in Illinois. She brings significant global public company financial expertise to the Board, with experience on senior management teams responsible for corporate strategies, financial reporting, and enterprise risk management. In all, she has 20 years of corporate governance and board experience. This includes five years on the Board of Lutheran Social Services of Illinois, where she served as executive board vice-chairman and audit committee chair.
Ms. Leets earned a Bachelor of Science degree in accounting and an MBA from Indiana State University’s Scott School of Business.
About BlackRock TCP Capital
BlackRock TCP Capital Corp. is a specialty finance company focused on direct lending to middle-market companies as well as small businesses. TCPC lends primarily to companies with established market positions, strong regional or national operations, differentiated products and services and sustainable competitive advantages, investing across industries in which it has significant knowledge and expertise. TCPC’s investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. TCPC is a publicly-traded business development company, or BDC, regulated under the Investment Company Act of 1940 and is externally managed by its advisor, a wholly-owned, indirect subsidiary of BlackRock, Inc.
For more information: https://www.tcpcapital.com/
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