10/15/2025 | Press release | Distributed by Public on 10/15/2025 14:23
| Item 5.02 |
Departures of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On October 14, 2025, Matthew Westwood resigned as a member of the Board of Directors (the "Board") of BCP Investment Corporation (formerly, Portman Ridge Finance Corporation) (the "Company") as a part of the Company's efforts to rationalize the size of the Board and reduce administrative expenses. Prior to his resignation, Mr. Westwood served as a member of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Company. Mr. Westwood's decision to resign from the Board was not due to any dispute or disagreement with the Company, or on any matter relating to the Company's operations, policies or practices. In connection with Mr. Westwood's resignation, the Board reduced the number of directors that constitutes the full Board to eight directors from nine directors, effective as of October 14, 2025, in accordance with its bylaws.