0000945621-18-000097.txt : 20180213 0000945621-18-000097.hdr.sgml : 20180213 20180213151344 ACCESSION NUMBER: 0000945621-18-000097 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180213 DATE AS OF CHANGE: 20180213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TCP Capital Corp. CENTRAL INDEX KEY: 0001370755 IRS NUMBER: 562594706 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81954 FILM NUMBER: 18602689 BUSINESS ADDRESS: STREET 1: 2951 28TH STREET STREET 2: SUITE 1000 CITY: SANTA MONICA STATE: CA ZIP: 90405 BUSINESS PHONE: 310-566-1000 MAIL ADDRESS: STREET 1: 2951 28TH STREET STREET 2: SUITE 1000 CITY: SANTA MONICA STATE: CA ZIP: 90405 FORMER COMPANY: FORMER CONFORMED NAME: Special Value Continuation Fund, LLC DATE OF NAME CHANGE: 20060728 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. CENTRAL INDEX KEY: 0001021642 IRS NUMBER: 043304963 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 600 TRAVIS, SUITE 6300 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132242545 MAIL ADDRESS: STREET 1: 600 TRAVIS STREET 2: SUITE 6300 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: VAUGHAN NELSON SCARBOROUGH & MCCULLOUGH LP DATE OF NAME CHANGE: 20021112 FORMER COMPANY: FORMER CONFORMED NAME: VAUGHAN NELSON SCARBOROUGH & MCCONNELL L P/TX DATE OF NAME CHANGE: 19990330 SC 13G/A 1 tcp13ga12312017.htm AMENDMENT NO. 4 TO SCHEDULE 13G

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G
(Rule 13d-102)

Under the Securities Exchange Act of 1934
(Amendment No. 4)


 
TCP Capital Corp.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
87238Q103
(CUSIP Number)
 
December 31, 2017
(Date of Event which Requires Filing of this Statement)
 
 

 

 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
 X
   Rule 13d-1(b)
   
 
   Rule 13d-1(c)
   
 
   Rule 13d-1(d)

 

 
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




CUSIP 87238Q103
 
Page 2 of 7 Pages
 
1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Vaughan Nelson Investment Management, L.P. 04-3304963
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
2,400,500
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
3,254,925
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
105,950
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
3,360,875 shares
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐  Not Applicable
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.7%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
IA
 
 
 
 
 


CUSIP 87238Q103
 
Page 3 of 7 Pages
 
 
1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Vaughan Nelson Investment Management, Inc. 04-3304959
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
2,400,500
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
3,254,925
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
105,950
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
3,360,875 shares
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
☐  Not Applicable
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.7%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
HC
 
 
 
 




CUSIP 87238Q103
 
Page 4 of 7 Pages

 
Item 1(a).
Name of Issuer:    TCP Capital Corp.
 
Item 1(b).
Address of Issuer’s Principal Executive Offices:
 
2951 28th Street, Suite 1000
Santa Monica, California 90405
 
Item 2(a).
Name of Person(s) Filing:
 
Vaughan Nelson Investment Management, L.P. (“Vaughan Nelson”)
Vaughan Nelson Investment Management, Inc. (“General Partner”)
 
Item 2(b).
Address of Principal Business Office or, if None, Residence:
 
Both Vaughan Nelson and the General Partner maintain their principal offices at:
600 Travis Street, Suite 6300
Houston, Texas 77002
 
Item 2(c).
Citizenship:
 
Vaughan Nelson is Delaware limited partnership.
The General Partner is a Delaware corporation.
 
Item 2(d).
Title of Class of Securities:
 
Common Stock
 
Item 2(e).
CUSIP Number:
 
87238Q103
 
Item 3.
If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
 
(a)       o       Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b)       o       Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)       o       Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)       o       Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
(e)       x   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)       o       An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)       x      A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)       o       A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)       o       A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)       o       Group, in accordance with §240.13d-1(b)(1)(ii)(J).


CUSIP 87238Q103
 
Page 5 of 7 Pages

   
Item 4.
Ownership:
 
By reason of investment advisory relationships with the person who owns the Shares, Vaughan Nelson may be deemed to be the beneficial owner of the reported shares of the Issuer’s common stock. Vaughan Nelson Investment Management, Inc., as General Partner of Vaughan Nelson, may be deemed the indirect beneficial owner of the reported shares of the Issuer’s common stock. Both Vaughan Nelson and Vaughan Nelson Investment Management, Inc. disclaim beneficial ownership of the reported shares of the Issuer’s common stock.
 
   
(a)
Amount beneficially owned  3,360,875
 
 
   
(b)
Percent of class:  5.7%
 
 
    (c) Number of shares as to which the person has:  
 
 
       
(i)   Sole power to vote or to direct the vote:  2,400,500
 
 
       
(ii)  Shared power to vote or to direct the vote: 0
 
 
       
(iii)  Sole power to dispose or to direct the disposition of:  3,254,925
 
 
       
(iv)  Shared power to dispose or to direct the disposition of:   105,950
 
 
Item 5.
Ownership of Five Percent or Less of a Class:
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5% of the class of securities, check the following: [ ]
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person:
 
Various persons, as investment advisory clients of Vaughan Nelson,  have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the common stock of the Issuer.  To the knowledge of Vaughan Nelson, no one such person’s interest in the common stock of the Issuer is more than five percent of the total outstanding common stock of the Issuer.
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
 
Not Applicable
 
Item 8.
Identification and Classification of Members of the Group:
 
Not Applicable





CUSIP 87238Q103
 
Page 6 of 7 Pages

Item 9.
Notice of Dissolution of Group:
 
Not Applicable
   
Item 10.
Certification:
 
Each of the Reporting Persons hereby makes the following certification:
 
          By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
SIGNATURE
 
After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct.
 
EXECUTED as a sealed instrument this 12th day of February, 2018.
 

 
Vaughan Nelson Investment Management, L.P.
     
 
By:
/s/ Richard B. Faig
   
By:           Richard B. Faig
   
Its:           Chief Compliance Officer
     
     
 
Vaughan Nelson Investment Management, Inc.
     
 
By:
/s/ Richard B. Faig
   
By:           Richard B. Faig
   
Its:           Chief Compliance Officer





 
CUSIP 87238Q103
 
Page 7 of 7 Pages

 
Exhibit 1
 

 
AGREEMENT
 
Each of the undersigned, pursuant to Rule 13d-1(k)(l) under the Securities Exchange Act of 1934, as amended, hereby agrees that only one statement containing the information required by Schedule 13G needs be filed with respect to the ownership by each of the undersigned of the shares of common stock of TCP Capital Corp. that the Schedule 13G to which this Agreement is appended as Exhibit 1 is to be filed with the Securities and Exchange Commission on behalf of each of the undersigned on or about the date hereof.
 
EXECUTED as a sealed instrument this 12th day of  February, 2018.
 

 
Vaughan Nelson Investment Management, L.P.
     
 
By:
/s/ Richard B. Faig
   
By:           Richard B. Faig
   
Its:           Chief Compliance Officer
     
     
 
Vaughan Nelson Investment Management, Inc.
     
 
By:
/s/ Richard B. Faig
   
By:           Richard B. Faig
   
Its:           Chief Compliance Officer