The estimated Net Worth of Eric John Draut is at least $507 Thousand dollars as of 30 August 2024. Mr. Draut owns over 2,000 units of BlackRock TCP Capital Corp stock worth over $507,007 and over the last 12 years he sold TCPC stock worth over $0. In addition, he makes $0 as Independent Director at BlackRock TCP Capital Corp.
Eric has made over 15 trades of the BlackRock TCP Capital Corp stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 2,000 units of TCPC stock worth $18,280 on 30 August 2024.
The largest trade he's ever made was buying 2,000 units of BlackRock TCP Capital Corp stock on 30 August 2024 worth over $18,280. On average, Eric trades about 1,023 units every 299 days since 2012. As of 30 August 2024 he still owns at least 55,532 units of BlackRock TCP Capital Corp stock.
You can see the complete history of Mr. Draut stock trades at the bottom of the page.
Eric J. Draut serves as Independent Director of the Company. Mr. Draut is a Director, Chair of the Company’s Audit Committee, member of the Governance and Compensation Committee and a member of the Joint Transactions Committee. The Company’s Board of Directors benefits from Mr. Draut’s nearly 30-year career in accounting and finance. Mr. Draut completed a 20-year career at Kemper Corporation (formerly Unitrin, Inc.) in 2010, serving the last nine years as Executive Vice President, Chief Financial Officer and a member of its board of directors. Mr. Draut also held positions at Kemper Corporation as Group Executive, Treasurer and Corporate Controller. Prior to joining Kemper Corporation, Mr. Draut was Assistant Corporate Controller at Duchossois Industries, Inc. and at AM International, Inc. Mr. Draut began his career at Coopers and Lybrand (now PricewaterhouseCoopers LLP). Mr. Draut is a Certified Public Accountant, received an M.B.A. in finance and operations from J.L. Kellogg Graduate School of Management at Northwestern University and a B.S. in accountancy from the University of Illinois at Urbana-Champaign, graduating with High Honors. Until September 2013 Mr. Draut served as a Director and Chairman of the audit committee of Intermec. In February 2015, Mr. Draut was appointed to the Board of Thrivent Financial for Lutherans, a registered investment adviser and Fortune 500 Company, and is the chair of the Audit and Finance Committee and serves on the Investment Committee of the Board. In February 2015 Mr. Draut was also appointed to the Board of Holy Family Ministries, operator of Holy Family School, where he served as the Interim Chief Executive Officer from 2017 to 2018. Mr. Draut volunteers with Lutheran Social Services of Illinois where he currently serves as chairman emeritus of the Board of Directors and recently served as Executive Chairman of its Board of Directors.
Eric Draut is 63, he's been the Independent Director of BlackRock TCP Capital Corp since 2011. There are 3 older and 15 younger executives at BlackRock TCP Capital Corp. The oldest executive at BlackRock TCP Capital Corp is Peter Schwab, 76, who is the Independent Director.
Eric's mailing address filed with the SEC is C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA, CA, 90405.
Over the last 13 years, insiders at BlackRock TCP Capital Corp have traded over $33,480 worth of BlackRock TCP Capital Corp stock and bought 497,199 units worth $6,788,752 . The most active insiders traders include Mark Keith Holdsworth, Howard Levkowitz, and Rajneesh Vig. On average, BlackRock TCP Capital Corp executives and independent directors trade stock every 47 days with the average trade being worth of $46,983. The most recent stock trade was executed by Philip M Tseng on 6 September 2024, trading 15,000 units of TCPC stock currently worth $136,350.
tcp capital corp.'s investment objective is to seek to achieve high total returns while minimizing losses. tcp capital corp. seeks to achieve its investment objective primarily through investments in debt securities of middle-market companies, which it typically defines as those with enterprise values between $100 million and $1.5 billion. tcp capital corp. is a publicly-traded [nasdaq: tcpc] business development company (bdc) regulated under the investment company act of 1940 and is externally managed by its advisor, tennenbaum capital partners, llc, a leading alternative investment manager. for more information, visit www.tcpcapital.com.
BlackRock TCP Capital Corp executives and other stock owners filed with the SEC include: