TriplePoint Venture Growth BDC Corp. (TPVG) TriplePoint Venture Growth BDC Corp. (TPVG) functions as a business development company, primarily concentrating its investments on growth-stage enterprises backed by venture capital. The firm's core offering involves providing debt financing solutions to companies within the venture growth ecosystem. These solutions encompass a diverse range of products, such as growth capital loans, customized and secured credit facilities, equipment financing, and revolving lines of credit. Additionally, TPVG engages in direct equity investments. Its investment strategy targets companies operating in key sectors, including e-commerce, entertainment, technology, and life sciences. Within the technology sphere, the areas of specific interest are broad, covering cybersecurity, wireless communication equipment, network systems and software, business application software, conferencing solutions, big data analytics, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, various software categories (including Software-as-a-Service), and other related technological subsectors. For life sciences, TPVG focuses on biotechnology, biofuels/biomass, diagnostic testing and bioinformatics, drug delivery systems, drug discovery, healthcare information systems, healthcare services, medical/surgical/therapeutic devices, pharmaceuticals, and other related fields. The size of TPVG's investments varies based on the type of financing: growth capital loans typically range from $5 million to $50 million, equipment financings are between $5 million and $25 million, and revolving loans generally fall between $1 million and $25 million. Direct equity investments, conversely, are usually from $0.1 million to $5 million, and are structured to not exceed 5% of the portfolio company's total equity. The debt financing instruments are commonly structured as lines of credit, and the company also employs warrants and secured loans in its funding approach. TPVG aims to achieve targeted returns of 10% to 18%. A distinctive aspect of its investment policy is that it does not seek board representation in the companies it finances.
Industry: Asset Management
TriplePoint Venture Growth BDC Corp. NYSE:TPVG Financial Services · Asset Management
Mkt Cap $175.46M
Div Yield 23.20%
AH Close $4.35 +0.93%vs close AH Close $4.35 +0.93% vs close
Mkt Cap $175.46M
Div Yield 23.20%
All Press Release SEC Filings News
Press Release
TriplePoint Venture Growth BDC Corp. Declares Fourth Quarter 2026 Distribution of $0.23 Per Share
TriplePoint Venture Growth BDC declared its regular Q4 2026 quarterly distribution of $0.23 per share, payable December 30, 2026 to stockholders of record as of December 16, 2026.
A previously announced $0.06 per share supplemental distribution will also be paid on the same date to the same record-date holders.
The company also said it will report third quarter results after market close on November 4, 2026, with a conference call at 5:00 p.m. ET hosted by CEO James Labe, President/CIO Sajal Srivastava, and CFO Mike Wilhelms.
• 12d ago AI analysis › News
TriplePoint Venture Growth BDC (NYSE:TPVG) Insider Sajal Srivastava Sells 313,865 Shares
defenseworld.net • 1mo ago News
TriplePoint Venture Growth BDC (NYSE:TPVG) CEO James Labe Buys 313,865 Shares of Stock
defenseworld.net • 1mo ago SEC Filing ⚠ 3
TPVG: SCHEDULE 13D · ownership disclosure
TriplePoint Capital LLC and affiliated reporting persons filed a Schedule 13D on TriplePoint Venture Growth BDC Corp. disclosing a 5.68% stake held through TriplePoint Capital, with Madera Ventures at 7.36% and Michael Gontar at 7.42% of outstanding common stock.
The key driver is a September 18, 2026 private purchase in which TPC bought 313,865.22 shares from Sajal K. Srivastava at $4.7061 per share for $1,477,081.09. Mr. Srivastava, Co-CEO of TPC and President, CIO and board member of the BDC, notified the board on September 15, 2026 that he will resign all roles effective December 31, 2026.
The shares were acquired under TPC's $14 million discretionary share purchase program, which buys stock below NAV, including open-market purchases at $6.68 and $6.54 per share in December 2025. The transaction consolidates insider ownership above 7% while removing a senior executive, which may prompt investor focus on leadership succession and alignment between the adviser and BDC shareholders.
SEC SCHEDULE 13D • 1mo ago AI analysis › News
TriplePoint Venture Growth Offers A High Double-Digit Total Return Potential
seekingalpha.com • 1mo ago Press Release ● Major ⚠ 3
TriplePoint Capital and TriplePoint Venture Growth BDC Corp. Announce Management Transition
Sajal Srivastava, Co-Founder and Co-CEO of TriplePoint Capital, will leave the firm effective December 31, 2026, and will also step down as President and Chief Investment Officer of TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) and TriplePoint Private Venture Credit Inc. (TPVC).
Co-founder Jim Labe will become sole CEO of TriplePoint Capital at year-end, and Ian Schworer, a 12-year TriplePoint veteran who has most recently served as Chief Credit Officer, has been appointed Chief Investment Officer of TPVG and TPVC. Srivastava will remain a director of TPVG and TPVC through December 31, 2026.
TriplePoint Capital has committed more than $15 billion to over 1,000 venture-backed companies since its 2006 launch and closed more than 50 debt and equity financing transactions in the first half of 2026, ranging from $10 million to $150 million.
For TPVG, the transition is well-telegraphed with named internal successors and a three-month runway, but investors will watch for continuity in underwriting and credit discipline once the co-founder departs.
• 1mo ago AI analysis › News
A Unique Opportunity To Earn Double-Digit Yields From 2 Deeply Discounted BDCs
seekingalpha.com • 2mo ago News
TriplePoint Venture Growth BDC Q2 Earnings Call Highlights
marketbeat.com • 2mo ago News
TriplePoint Venture Growth (TPVG) Misses Q2 Earnings and Revenue Estimates
zacks.com • 2mo ago News
TriplePoint Venture Growth BDC Corp. (TPVG) Q2 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago SEC Filing ⚠ 7
TPVG: 10-Q · periodic report
TriplePoint Venture Growth BDC Corp. (TPVG) filed its Q2 2026 10-Q reporting total investments at fair value of $780.7 million and net asset value per share of $8.67, down from $8.73 at December 31, 2025. Total net assets were $352.8 million with 40,709,723 shares outstanding as of August 5, 2026.
Net investment income after excise taxes fell to $8.3 million for the quarter from $11.3 million a year earlier, roughly a 26% decline, as total investment and other income slipped to $22.1 million and interest expense climbed to $8.3 million from $6.7 million.
The company declared a regular distribution of $0.23 per share, down from $0.30 in the year-ago quarter, an approximately 23% cut that resets the dividend for this venture-lending BDC.
Credit metrics show strain: non-accrual investments carried a cost of $38.6 million against a fair value of just $16.4 million, and the portfolio logged a $10.5 million net unrealized loss in the quarter. During the first half, TPVG issued $75 million of 7.50% 2028 Notes and repaid $200 million of 2026 Notes, leaving $195 million drawn on its revolver at quarter-end.
SEC 10-Q • 2mo ago AI analysis › Press Release ⚠ 2
TriplePoint Venture Growth BDC Corp. Announces Second Quarter 2026 Financial Results
TriplePoint Venture Growth BDC reported Q2 net investment income of $0.21 per share, down from $0.28 a year ago, but total net increase in net assets was $0.26 per share thanks to $12.8 million in realized gains from a partial Revolut exit.
To maintain its yield, the board declared a supplemental distribution of $0.12 per share alongside the regular $0.23 dividend, and authorized a $12.5 million share repurchase program to buy back stock below NAV.
The debt portfolio grew to $722.8 million with a 12.9% weighted average yield, though credit quality shifted slightly with one $28 million portfolio company downgraded from White to Yellow.
• 2mo ago AI analysis › Press Release
TriplePoint Venture Growth BDC Corp. to Announce 2026 Second Quarter Financial Results on Wednesday, August 5, 2026
TriplePoint Venture Growth BDC Corp. announced it will release its financial results for the second quarter ended June 30, 2026, after the market close on Wednesday, August 5, 2026.
Management, including CEO James P. Labe and CFO Mike L. Wilhelms, will host a conference call at 5:00 p.m. Eastern Time to discuss the results.
Investors can access the call via dial-in or a live webcast on the company's website, with a replay available until September 5, 2026.
• 3mo ago AI analysis › News
TriplePoint Venture Growth: Another Dividend Cut Likely
seekingalpha.com • 4mo ago News
TriplePoint Venture Growth: Software Exposure Adds An Extra Layer Of Uncertainty
seekingalpha.com • 5mo ago News
TriplePoint Venture Growth BDC Corp. (TPVG) Q1 2026 Earnings Call Transcript
seekingalpha.com • 5mo ago News
TriplePoint Venture Growth (TPVG) Misses Q1 Earnings and Revenue Estimates
zacks.com • 5mo ago Press Release ⚠ 2
TriplePoint Venture Growth BDC Corp. Announces First Quarter 2026 Financial Results
TriplePoint Venture Growth BDC reported Q1 net investment income of $9.1 million, or $0.23 per share, down from $0.27 per share in the prior year, with net assets decreasing to $351.0 million.
The company declared a Q2 distribution of $0.23 per share and authorized a new 12-month stock repurchase program for up to $12.5 million.
Portfolio metrics showed a weighted average annualized yield of 13.5% on debt investments, while the company successfully repaid $200 million in unsecured notes and reduced its leverage ratio to 1.27x.
• 5mo ago AI analysis › Press Release
TriplePoint Venture Growth BDC Corp. to Announce 2026 First Quarter Financial Results on Wednesday, May 6, 2026
TriplePoint Venture Growth BDC Corp. will release its financial results for the first quarter ended March 31, 2026, after the market closes on Wednesday, May 6, 2026.
CEO James P. Labe, President Sajal K. Srivastava, and CFO Mike L. Wilhelms will host a conference call at 5:00 p.m. Eastern Time to discuss the quarterly performance.
Investors can access the live call via webcast on the company's website or by dialing the provided domestic and international numbers.
• 6mo ago AI analysis › Recent SEC filings with analysis