TCP Capital Corp. announced the appointment of Rajneesh Vig as Chief Operating Officer and the resignation of Todd Gerch as Chief Operating Officer effective March 15, 2013. Mr. Vig will also continue to serve in his current roles as President of the Company and a Managing Partner of Tennenbaum Capital Partners, LLC. Mr. Gerch will continue to serve in his current role as a Managing Director of Tennenbaum Capital Partners, LLC.

On March 7, 2013, TCP Capital Corp. announcing the declaration of a first quarter dividend of $0.35 per share and a special dividend of $0.05 per share. Both dividends are payable on March 29, 2013 to shareholders of record as of March 18, 2013.