TriplePoint Venture Growth BDC Corp. is an externally managed, closed-end investment company that operates as a business development company. Its investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by lending, typically with warrants, primarily to venture growth stage companies focused on technology and other high-growth industries backed by TriplePoint Capital LLC (TPC)'s select group of venture capital investors. It invests primarily in growth capital loans that have a secured collateral position and that are generally used by venture growth stage companies to finance their continued expansion and growth, on a select basis, equipment financings, which may be structured as loans or leases, that have a secured collateral position on specified mission-critical equipment, and revolving loans that have a secured collateral position. Its investment adviser is TriplePoint Advisers LLC.
Company Information
About this company
Key people
James P. Labe
Chairman of the Board, Chief Executive Officer
Sajal K. Srivastava
President, Chief Investment Officer, Director
Mike L. Wilhelms
Chief Financial Officer, Treasurer, Company Secretary
Steven M. Levinson
Chief Compliance Officer
Steven P. Bird
Lead Independent Director
Gilbert E. Ahye
Independent Director
Stephen A. Cassani
Independent Director
Cynthia M. Fornelli
Independent Director
Katherine J. Park
Independent Director
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Key facts
- Shares in issue40.60m
- EPICTPVG
- ISINUS89677Y1001
- LocationUnited States
- SectorFinancial
- IndustryInvestment Services
- Market cap$225.73m
- Employees0
- ExchangeNew York Stock Exchange
- Index
- Website
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