BlackRock TCP Capital Corp. announced that the Board of Directors of the Company has appointed Karen L. Leets as an independent director effective October 27, 2022. Ms. Leets has been appointed to serve on the Audit Committee and Governance and Compensation Committees of the Board.

TCPC's diverse Board now includes seven members, including six independent directors. Ms. Leets is Senior Vice President and Treasurer of Baxter International Inc., a multinational healthcare company, and holds a CPA license in Illinois. She brings significant global public company financial expertise to the Board, with experience on senior management teams responsible for corporate strategies, financial reporting, and enterprise risk management.

In all, she has 20 years of corporate governance and board experience. This includes five years on the Board of Lutheran Social Services of Illinois, where she served as executive board vice chairman and audit committee chair. Ms. Leets earned a Bachelor of Science degree in accounting and an MBA from Indiana State University's Scott School of Business.