TCPC said COO Patrick Wolfe will leave in December and President Dan Worrell will take the role. Wolfe cited no disagreement, and Worrell already leads company roles, so the filing does not point to a clear change in TCPC's prospects.
Worrell already serves as TCPC's president and works on BlackRock's direct-lending team. Wolfe said he is leaving for opportunities outside BlackRock, not because of a dispute. The filing gives no sign that this planned handoff changes TCPC's business prospects.
BlackRock said its managing director Dan Worrell will also become COO of TCPC and two lending funds. This is a role change at an affiliated company, and the filing gives no clear sign of a change in BlackRock's own prospects.
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