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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): April 17, 2007 (April 13, 2007)
Tortoise Capital Resources Corporation
(Exact Name of Registrant as Specified in Its Charter)
Maryland 1-33292 20-3431375
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
10801 Mastin Blvd., Suite 222, Overland Park, KS 66210
(Address of Principal Executive Offices) (Zip Code)
(913) 981-1020
(Registrant's Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 13, 2007, the Board of Directors of Tortoise Capital Resources
Corporation (the "Company") appointed Edward Russell, age 43, as President of
the Company, effective immediately. David J. Schulte, formerly the Chief
Executive Officer and President of the Company, remains the Chief Executive
Officer of the Company. Mr. Russell joined Tortoise Capital Advisors, L.L.C. in
March 2006 as an Investment Manager serving the Company. From September 1999 to
March 2006, Mr. Russell was at Stifel, Nicolaus & Company, Inc., where he headed
the Energy and Power group as a Managing Director from 2003 to March 2006, and
served as Vice President-Investment Banking from September 1999 to 2003. Prior
to that, Mr. Russell worked for more than 15 years as an investment banker at
Pauli & Company, Inc. and Arch Capital, LLC, and as a commercial banker with
Magna Bank and Southside National Bank.
Mr. Russell, as an employee of Tortoise Capital Advisors, L.L.C., the investment
adviser to the Company, is compensated by Tortoise Capital Advisors, L.L.C. and
receives no compensation from the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TORTOISE CAPITAL RESOURCES CORPORATION
Dated: April 16, 2007 By: /s/ David Schulte
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David J. Schulte
Chief Executive Officer