BlackRock is exploring potential buyers for the remaining $671m loan portfolio held by TCP Capital Corp, as it weighs options for restructuring the troubled private credit vehicle, according to a report by Bloomberg.
The report cites unnamed people familiar with the matter as saying that advisers at Keefe, Bruyette & Woods have approached several rival asset managers about acquiring the loans, including Ares Management. The discussions are at an early stage though, and no transaction has bee...
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