TriplePoint Venture Growth BDC Corp. (the “Company”) is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. The company is headquartered in Menlo Park, California. The company went IPO on 2014-03-06. The company is focused on providing customized debt financing with warrants and direct equity investments to venture growth stage companies in technology and other high-growth industries backed by a select group of venture capital firms. 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) a select group of venture capital investors. TPC is a Sand Hill Road-based global investment platform, which provides customized debt financing, leasing, direct equity investments and other complementary solutions. Its investment adviser is TriplePoint Advisers LLC.
Follow-Up Questions
What is Triplepoint Venture Growth BDC Corp (TPVG)'s P/E Ratio?
The P/E ratio of Triplepoint Venture Growth BDC Corp is 7.6631
Who is the CEO of Triplepoint Venture Growth BDC Corp?
Mr. James Labe is the Chairman of the Board of Triplepoint Venture Growth BDC Corp, joining the firm since 2013.
What is the price performance of TPVG stock?
The current price of TPVG is $6.21, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Triplepoint Venture Growth BDC Corp?
Triplepoint Venture Growth BDC Corp belongs to Financial Services industry and the sector is Financials
What is Triplepoint Venture Growth BDC Corp market cap?
Triplepoint Venture Growth BDC Corp's current market cap is $250.3M
Is Triplepoint Venture Growth BDC Corp a buy, sell, or hold?
According to wall street analysts, 8 analysts have made analyst ratings for Triplepoint Venture Growth BDC Corp, including 0 strong buy, 0 buy, 9 hold, 2 sell, and 0 strong sell