Net asset value per share was $12.93. "We generated robust net investment income in the fourth quarter and for all of 2022, drawing on our proven expertise and more than two decades of experience in direct lending, as well as the breadth and power of the BlackRock platform," said Rajneesh Vig, BlackRock TCP Capital Corp. chairman and CEO. "Our predominantly floating rate portfolio benefited from both rising base rates and wider spreads on new investments as volatility in the debt and equity markets created a more favorable investment landscape."
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