-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 I6mI+ePe/DkF7BH71UR0J1aL/YSPbjVx/fSVXBJZgJMY9NOWhzFT7RyVTD4BHztW
 1hGjUEKe2AtU3Gs73p5Ymg==

<SEC-DOCUMENT>0001072613-09-001440.txt : 20091106
<SEC-HEADER>0001072613-09-001440.hdr.sgml : 20091106
<ACCEPTANCE-DATETIME>20091106120241
ACCESSION NUMBER:		0001072613-09-001440
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20091105
FILED AS OF DATE:		20091106
DATE AS OF CHANGE:		20091106

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TRUSTEES OF GENERAL ELECTRIC PENSION TRUST
		CENTRAL INDEX KEY:			0000902967
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00712
		FILM NUMBER:		091163503

	BUSINESS ADDRESS:	
		STREET 1:		3003 SUMMER STREET
		STREET 2:		P O BOX 7900
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06904-7900
		BUSINESS PHONE:		2033262300

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			G E ASSET MANAGEMENT INC
		CENTRAL INDEX KEY:			0000936839
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00712
		FILM NUMBER:		091163504

	BUSINESS ADDRESS:	
		STREET 1:		3003 SUMMER STREET
		STREET 2:		P O BOX 7900
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06904-7900
		BUSINESS PHONE:		2033262300

	FORMER NAME:	
		FORMER CONFORMED NAME:	G E INVESTMENT MANAGEMENT INC
		DATE OF NAME CHANGE:	19950203

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BlackRock Kelso Capital CORP
		CENTRAL INDEX KEY:			0001326003
		IRS NUMBER:				202725151
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		212-754-5300

	MAIL ADDRESS:	
		STREET 1:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Summer Street BRK Investors, LLC
		CENTRAL INDEX KEY:			0001456736
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00712
		FILM NUMBER:		091163502

	BUSINESS ADDRESS:	
		STREET 1:		C/O GE ASSET MANAGEMENT INC.
		STREET 2:		3001 SUMMER STREET
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06905
		BUSINESS PHONE:		203-326-2306

	MAIL ADDRESS:	
		STREET 1:		C/O GE ASSET MANAGEMENT INC.
		STREET 2:		3001 SUMMER STREET
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06905
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>blackrock4-110509_16611ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-11-05</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001326003</issuerCik>
        <issuerName>BlackRock Kelso Capital CORP</issuerName>
        <issuerTradingSymbol>BKCC</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000902967</rptOwnerCik>
            <rptOwnerName>TRUSTEES OF GENERAL ELECTRIC PENSION TRUST</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3001 SUMMER STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06905</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000936839</rptOwnerCik>
            <rptOwnerName>G E ASSET MANAGEMENT INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>3001 SUMMER STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06905</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001456736</rptOwnerCik>
            <rptOwnerName>Summer Street BRK Investors, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O GE ASSET MANAGEMENT INC.</rptOwnerStreet1>
            <rptOwnerStreet2>3001 SUMMER STREET</rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06905</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock $.001 par value</value>
            </securityTitle>
            <transactionDate>
                <value>2009-11-05</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>415149</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>8.2252</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5559270</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Note 2</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">This transaction was executed in multiple trades at prices ranging from $8.00 to $8.59.  The price reported above reflects
 the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to
 the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at
 which the transactions were effected.</footnote>
        <footnote id="F2">Consists of shares held directly by Summer Street BRK Investors, LLC, of which General Electric Pension Trust (&quot;GEPT&quot;) is the
 sole member and as to which such shares GEPT has 100% pecuniary interest.  GE Asset Management Incorporated (&quot;GEAM&quot;) is the
 Manager of Summer Street BRK Investors, LLC and investment manager of GEPT.  GEAM shares voting and dispositive power over
 the shares herein reported and may be deemed to be the beneficial owner of such shares for purposes of Section 13(d) of the
 Securities Exchange Act of 1934, as amended.  GEAM has no pecuniary interest in such shares and reports no shares owned.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: /s/ Daniel L. Furman, Vice President, GE Asset Management Inc., Investment Manager of Trustees of General Electric Pension Trust</signatureName>
        <signatureDate>2009-11-05</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>By: /s/ Daniel L. Furman, Vice President, GE Asset Management Inc.</signatureName>
        <signatureDate>2009-11-05</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>By: /s/ Daniel L. Furman, Vice President, GE Asset Management Inc.,  Manager of Summer Street BRK Investors, LLC</signatureName>
        <signatureDate>2009-11-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----