Exhibit (17)(d)
CONSENT OF KEEFE, BRUYETTE & WOODS, INC.
We hereby consent to the inclusion of our opinion letter to (i) the special committee of the Board of Directors (the
“Board”) of BlackRock Capital Investment Corporation (
“BCIC”) and (ii) the Board
of BCIC, as Annex C to the Joint Proxy Statement/Prospectus which forms a part of Post-Effective Amendment No. 1 to the Registration Statement on Form N-14 (file No.
333-274897) filed on the date hereof (the
“Amended Registration Statement”) relating
to the proposed merger of BCIC with and into Project Spurs Merger Sub, LLC, an indirect wholly-owned subsidiary of BlackRock TCPC Capital Corp., and to the references to such opinion and the quotation or summarization of such opinion contained
therein.
In giving such consent, we do not admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended (the “Securities Act”), or the
rules and regulations of the Securities and Exchange Commission thereunder, nor do we hereby admit that we are experts with respect to any part of the Amended Registration Statement within the meaning of the term “experts” as used in the Securities
Act or the rules and regulations of the Securities and Exchange Commission thereunder.
KEEFE, BRUYETTE & WOODS, INC.
Keefe, Bruyette & Woods, Inc.
