# BlackRock TCP Capital Corp's net asset value per share dropped roughly 5% at fair value to $6.72.

*business · news · 2026-05-07 · MarketScreener*

## Key points

- BlackRock TCP Capital Corp's net asset value per share fell about 5% to $6.72 in Q1.
- Six portfolio companies caused two-thirds of the NAV decline reported in the first quarter.
- About 91% of the NAV reduction came from investments made in 2021 or earlier.
- BlackRock TCP realized $32.7 million in net losses and $2 million in unrealized losses, mainly tied to loans to Pluralsight.

**Companies:** BlackRock, Pluralsight

[Read the full story on MarketScreener](https://www.marketscreener.com/news/blackrock-cut-private-credit-fund-s-value-by-5-in-first-quarter-ce7f58d3d08df127)

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