TriplePoint Venture Growth BDC Corp
TriplePoint Venture Growth BDC Corp Stock, NYSE:TPVG
Description
TriplePoint Venture Growth BDC Corp. (the ââ?¬Å?Companyââ?¬ï¿?) 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. It was formed to expand the venture growth stage business segment of its sponsor, TriplePoint Capital LLC (ââ?¬Å?TriplePoint Capitalââ?¬ï¿?). The Companyââ?¬â?¢s 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 primarily lending with warrants to venture growth stage companies focused in technology, life sciences and other high growth industries backed by a select group of leading venture capital investors.