$4.670
+0.177 (+3.78%)At close
TPVG News
TPVG Events
TPVG Continues to Advance Sector Rotation and Diversification Strategy
"We continue to advance our sector rotation and diversification strategy, as we invest in companies across AI and other attractive sectors and take advantage of strong demand for debt financing from high-quality, venture-growth stage companies," said Jim Labe, chairman and chief executive officer of TPVG. "We remain focused on disciplined underwriting, further strengthening our portfolio and financial position, and capitalizing on market opportunities that enhance our earnings power and grow NAV over the long term."
TriplePoint Capital Management Transition, Sajal Srivastava to Depart
TriplePoint Capital announced a management transition. Sajal Srivastava, Co-Founder and Co-CEO of TriplePoint Capital will leave the company, effective as of the close of business on December 31, and Jim Labe, Co-Founder and Co-CEO, will assume the role of sole CEO of TriplePoint Capital at year's end. As part of the transition, at year's end, Mr. Srivastava will also be leaving his role as President and Chief Investment Officer of TriplePoint Venture Growth BDC Corp. and TriplePoint Private Venture Credit. He will continue to serve as a Director on the Board of Directors of TPVG and TPVC until the close of business on December 31. Ian Schworer has been appointed to serve as the Chief Investment Officer of TPVG and TPVC, effective as of close of business on December 31. Schworer has worked at TriplePoint Capital in various investment capacities since March 2014, including most recently as Chief Credit Officer.
Q1 Revenue at $22.78M, Below Consensus of $23.39M
Reports Q1 revenue $22.78M, consensus $23.39M.
TPVG Reports Improved Performance in 2025, CEO Looks Ahead to 2026
"2025 was a year of progress and improved performance across our portfolio," said Jim Labe, CEO of TPVG. "During the year, we expanded our originations activities, continued with our portfolio rotation into newer vintages and targeted investment sectors, strengthened our balance sheet, and increased our net asset value. " "Our playbook in 2026 continues to be focused on building a strong foundation for TPVG and positioning for the long term," said Sajal Srivastava, president and chief investment officer of the Company. "We will continue our plan to drive portfolio scale and quality, earnings power, NAV and shareholder value over the long-term."
TriplePoint Venture Growth BDC Corp. Extends Credit Facility to $400 Million
TriplePoint Venture Growth BDC Corp. announced that on November 25, 2025, it entered into an amendment to its revolving credit facility that, among other things, extends the revolving period to November 30, 2027 and the scheduled maturity date to May 30, 2029, and provides improved terms, including, but not limited to, a reduced spread on borrowings and higher advance rates on assets pledged to the borrowing base. The Company currently has $300 million in total commitments available under the Credit Facility, which includes an accordion feature that allows the Company to increase the size of the Credit Facility to up to $400 million under certain circumstances. Borrowings under the Credit Facility are subject to various covenants including the leverage restrictions contained in the Investment Company Act of 1940. Deutsche Bank AG, New York Branch serves as facility agent and as a lender, together with KeyBank National Association, MUFG Bank, Ltd., Customers Bank, Axos Bank and EverBank, N.A., under the Credit Facility. For more information regarding the Credit Facility, as most recently amended, please see the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 1, 2025.
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