BlackRock TCP Capital

TCPC

BlackRock, Inc. is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power, and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank. Along with Vanguard and State Street, BlackRock is considered one of the Big Three index funds that dominate corporate America.

BlackRock TCP Capital has been a target of short sellers for a while. The current short interest of 5.38% is roughly at the average of the last 12 months (5.18%).