BlackRock TCP Capital Appoints Dan Worrell COO As Patrick Wolfe Announces December Departure
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BlackRock TCP Capital has appointed Dan Worrell as Chief Operating Officer, effective December 18, 2026, succeeding Patrick Wolfe, who is leaving the company to pursue other business opportunities outside BlackRock. The appointment was approved by the company's board of directors on September 25, 2026, following Wolfe's notification of his planned resignation on September 22. Wolfe's resignation will become effective at the close of business on December 18. According to the company's regulatory filing, his departure is not the result of any disagreement with BlackRock TCP Capital or BlackRock. Worrell will also become COO of BlackRock Direct Lending Corp. and BlackRock Private Credit Fund, with both appointments becoming effective on the same date. He currently serves as President of all three investment companies and will retain those responsibilities following his appointment as COO. The leadership changes establish a coordinated operating structure across three BlackRock private credit investment vehicles. Worrell brings extensive experience in direct lending, credit investing, portfolio management, and evaluating secured financing opportunities for middle-market businesses. He is a Managing Director at BlackRock and a senior member of its Private Financing Solutions platform. Within that organization, Worrell is a leader in BlackRock's U.S. core middle-market direct...
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