BlackRock TCP Capital Corp.

Climate Impact & Sustainability Data (2017, 2020, 2021)

Potential impact of global climate change on portfolio companies' operations.
Increased competition for investment opportunities among alternative investment vehicles.

Work from home policy implemented by the Advisor.
Active portfolio monitoring.
Investment allocation policy to address conflicts of interest.
Hedging techniques to minimize currency exchange rate risks or interest rate risks.
Monitoring of transactions to prevent disqualification as a RIC.

COVID-19 pandemic and its impact on global financial markets, travel restrictions, business disruptions, supply chain issues, and reduced productivity.
Market disruptions and volatility impacting portfolio valuations and ability to raise capital.
Price declines and illiquidity in corporate debt markets affecting portfolio investments.
Changes in legal, tax, and regulatory regimes.
Rising interest rates affecting portfolio investment values.
LIBOR phase-out and transition to replacement rates.
Risks associated with leverage.
Lack of liquidity in portfolio investments.
Uncertainty regarding the value of portfolio investments.
Conflicts of interest with the Advisor and its affiliates.
Cybersecurity risks.

Instituted a work-from-home policy to mitigate COVID-19 risks.
Actively monitors portfolio companies and market developments.
Consistently applied valuation process reviewed and approved by the board of directors.
Investment allocation policy to ensure fair and equitable allocation of investment opportunities.
Internal information barrier policy to prevent securities laws violations.
Established a business continuity plan and risk management systems to prevent cyberattacks.