TriplePoint Venture Growth BDC Corp

NYSE:TPVG   3:59:51 PM EDT
16.07
+0.07 (+0.44%)
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TriplePoint Venture Growth BDC Corp Stock, NYSE:TPVG

2755 Sand Hill Road, Suite 150, Menlo Park, California 94025
United States of America
Phone: +1.650.854.2090
Number of Employees:

Description

TriplePoint Venture Growth BDC Corp. (the â??Companyâ??) 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 (â??TriplePoint Capitalâ??). The Companyâ??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.