---
title: "BlackRock under federal review while advancing $17.5B lending venture"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286917239.md"
description: "BlackRock is under federal review regarding TCP Capital’s asset markdowns related to e-commerce and a significant bankruptcy. Meanwhile, BlackRock’s HPS and Citigroup are set to invest $17.5B in sub-investment-grade debt financing across EMEA. Following the review announcement, TCP Capital shares fell 4.7% and have lost nearly half their value this year."
datetime: "2026-05-19T12:59:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286917239.md)
  - [en](https://longbridge.com/en/news/286917239.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286917239.md)
---

# BlackRock under federal review while advancing $17.5B lending venture

Federal review underway: Authorities are examining TCP Capital’s asset markdowns linked to e-commerce investments and a major bankruptcy. Cross-border lending push: BlackRock’s HPS and Citigroup will commit $17.5B to sub-investment-grade debt financing across EMEA. Investor impact: TCP Capital shares fell 4.7% on the review news and have dropped nearly half their value this year.

### Related Stocks

- [TCPC.US](https://longbridge.com/en/quote/TCPC.US.md)
- [C.US](https://longbridge.com/en/quote/C.US.md)
- [BLK.US](https://longbridge.com/en/quote/BLK.US.md)
- [BTX.US](https://longbridge.com/en/quote/BTX.US.md)
- [BIT.RT*.US](https://longbridge.com/en/quote/BIT.RT*.US.md)
- [BDJ.US](https://longbridge.com/en/quote/BDJ.US.md)
- [BSTZ.US](https://longbridge.com/en/quote/BSTZ.US.md)
- [BIT.RT.US](https://longbridge.com/en/quote/BIT.RT.US.md)
- [C-R.US](https://longbridge.com/en/quote/C-R.US.md)

## Related News & Research

- [Did Citigroup's latest earnings change the investment case?](https://longbridge.com/en/news/293851358.md)
- [Blackrock Tcp Capital (TCPC) Projected to Release Quarterly Earnings on Thursday](https://longbridge.com/en/news/294349477.md)
- [12:00 ETFirst Federal Bank Launches FFB Connect, Bringing Personalized Banking to Customers Wherever They Are](https://longbridge.com/en/news/294535763.md)
- [Claritev report flags federal eligibility issues in nearly 50% of 2025 No Surprises Act IDR filings reviewed](https://longbridge.com/en/news/294371009.md)
- [07:58 ETMIT Federal Credit Union Introduces Member-Centered BNPL to Elevate Digital Banking Experience](https://longbridge.com/en/news/294062105.md)