Triplepoint Venture Growth BDC

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. It was formed to expand the venture growth stage business segment of its sponsor, TriplePoint Capital LLC (“TriplePoint Capital”). The Company’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.

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TriplePoint Venture Growth BDC Corp. reports steady performance amidst market shifts

TriplePoint Venture Growth BDC Corp. showed resilience and progress in Q2 2024, focusing on managing market shifts and enhancing financial stability.
While challenges persist in the venture capital landscape and market volatility, TPVG's strategic initiatives position it well for future growth.
With a focus on reducing leverage, improving liquidity, and making new commitments, TPVG is poised to capitalize on opportunities in diverse sectors.

TriplePoint Venture Growth BDC (TPVG) reports solid Q3 performance

TriplePoint Venture Growth BDC (TPVG) navigated Q3 2024 with resilience, capitalizing on its strong financial performance and strategic portfolio management. While facing market challenges, TPVG's cautious approach and focus on diverse investment sectors position it well for future growth opportunities.

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Triplepoint Venture Growth BDC Corporation (NYSE:TPVG ) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants James Labe - Co-Founder, Chairman & CEO Sajal Srivastava - Co-Founder, President, CIO, Secretary, Treasurer & Director Christopher Mathieu - CFO Conference Call Participants Finian O'Shea - Wells Fargo Securities Crispin Love - Piper Sandler & Co. Christopher Nolan - Ladenburg Thalmann & Co. Casey Alexander - Compass Point Research & Trading Ryan Lynch - KBW Vilas Abraham - UBS Operator Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. Third Quarter 2023 Earnings Conference Call.

Triplepoint Venture Growth BDC Corporation (TPVG) Q3 2023 Earnings Call Transcript

MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the third quarter ended September 30, 2023 and the declaration by its Board of Directors of its fourth quarter 2023 distribution of $0.40 per share. Third Quart.

TriplePoint Venture Growth BDC Corp. Announces Third Quarter 2023 Financial Results

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MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company”), the leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it will release its financial results for its third quarter ended September 30, 2023 after market-close on Wednesday, November 1, 2023. James P. Labe, chief executive officer and chairman of the board, Sajal K. Sriva.

TriplePoint Venture Growth BDC Corp. to Announce 2023 Third Quarter Financial Results on Wednesday, November 1, 2023

TriplePoint Venture Growth saw a surge in problematic loans in its portfolio in Q1'23 and Q2'23, which could lead to a dividend cut going forward. The BDC's poor loan quality and high non-accrual percentage raise concerns for dividend investors. Comparisons with rival Hercules Capital show that TriplePoint Venture is an inferior choice in terms of portfolio quality.

TriplePoint Venture: This 15.8% Yield May Be Too Risky

American innovation has led to many investment opportunities in start-up companies. The venture capital sector saw several headwinds early in the year that had ripple effects throughout the start-up world. You can earn a massive income by helping to provide liquidity to young firms with TriplePoint Venture Growth.

Bank On U.S. Innovation With 15% Yield: TriplePoint Venture Growth

TriplePoint Venture Growth had a solid last quarter at first glance. Despite growing investment income, TPVG's significant net unrealized losses put the company's viability under question. TPVG has a supermarket balance sheet, a growing percentage of distressed investments, and a too-large portion of its debt portfolio that carries fixed interest. Rising net investment income, generous dividend yield, and 50% margin of safety are not enough to consider TPVG investable. In conclusion, I give TPVG a sell rating.

TriplePoint Venture Growth: Luring Yield, But Cheap For A Reason

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Business development companies like Horizon Technology and TriplePoint Venture Growth have seen strong growth due to their floating-rate portfolios and demand for alternative financing. Concerns about the risk of defaults on portfolio holdings have prompted sell ratings for both companies, causing stock price volatility. Horizon is better positioned to weather headwinds and deliver high returns compared to TriplePoint.

Horizon Technology Isn't A Sell But TriplePoint Venture Carries Some Risk

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Triplepoint Venture Growth is a high-yielding fund that can provide stable income even during market downturns. TPVG's NAV is still down from its peak, but its NII has continued to increase, indicating the potential for a repricing upwards. The market's punishment of tech companies has created buying opportunities for TPVG, and its strong NII growth makes it an attractive investment.

Predicted 14% Yielding TPVG's Dividend Hike; Potential NAV Growth Now

LOS ANGELES, CA / ACCESSWIRE / August 15, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against TriplePoint Venture Growth BDC Corp. ("TriplePoint" or "the Company") (NYSE:TPVG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 4, 2020 and May 1, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before August 15, 2023.

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in TriplePoint Venture Growth BDC Corp. with Losses of $100,000 to Contact the Firm

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) between March 4, 2020 and May 1, 2023, both dates inclusive (the “Class Period”), of the important August 15, 2023 lead plaintiff deadline. SO WHAT: If you purchased TriplePoint securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arra.

TPVG DEADLINE TODAY: ROSEN, SKILLED INVESTOR COUNSEL, Encourages TriplePoint Venture Growth BDC Corp. Investors with Losses to Secure Counsel Before Important August 15 Deadline in Securities Class Action – TPVG

NEW YORK , Aug. 15, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Triplepoint Venture Growth BDC Corp. (NYSE: TPVG) alleging that the Company violated federal securities laws. Class Period: March 4, 2020 to May 1, 2023 Lead Plaintiff Deadline: August 15, 2023 No obligation or cost to you.

TPVG ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of August 15, 2023 in the Class Action Filed on Behalf of Triplepoint Venture Growth BDC Corp. Shareholders

NEW YORK , Aug. 14, 2023 /PRNewswire/ -- Attention Triplepoint Venture Growth BDC Corp. ("Triplepoint") (NYSE: TPVG) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between March 4, 2020 and May 1, 2023. If you suffered a loss on your investment in Triplepoint, contact us about potential recovery by using the link below.

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Triplepoint Investors of a Lead Plaintiff Deadline of August 15, 2023

LOS ANGELES, CA / ACCESSWIRE / August 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against TriplePoint Venture Growth BDC Corp. ("TriplePoint" or "the Company") (NYSE:TPVG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 4, 2020 and May 1, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before August 15, 2023.

FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in TriplePoint Venture Growth BDC Corp. with Losses of $100,000 to Contact the Firm

TriplePoint Venture Growth BDC's stock price dropped after presenting second quarter earnings, creating a buying opportunity for passive income investors. Despite an increase in bad loans, TriplePoint Venture Growth BDC continues to cover its dividend with net investment income. The BDC's credit quality has deteriorated, but it still maintains good dividend coverage and a stable dividend for the third quarter.

TriplePoint Venture Growth: I Am Aggressively Jumping On This 14% BDC Yield

NEW YORK , Aug. 11, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Triplepoint Venture Growth BDC Corp. (NYSE: TPVG). To receive updates on the lawsuit, fill out the form: https://claimyourloss.com/securities/triplepoint-class-action-loss-submission-form/?id=43305&from=4 The lawsuit seeks to recover losses for shareholders who purchased Triplepoint between March 4, 2020 and May 1, 2023.

TPVG SHAREHOLDER ALERT: Jakubowitz Law Reminds Triplepoint Shareholders of a Lead Plaintiff Deadline of August 15, 2023

NEW YORK , Aug. 10, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against TriplePoint Venture Growth BDC Corp. ("TriplePoint" or the "Company") (NYSE: TPVG), and certain officers.  The class action, filed in the United States District Court for the Northern District of California, and docketed under 23-cv-02980, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired TriplePoint securities between March 4, 2020 and May 1, 2023, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment TriplePoint Venture Growth BDC Corp. - TPVG

NEW YORK , Aug. 10, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Triplepoint Venture Growth BDC Corp. ("Triplepoint" or the "Company") (NYSE: TPVG) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Triplepoint investors who were adversely affected by alleged securities fraud between March 4, 2020 and May 1, 2023.

TPVG LAWSUIT ALERT: Levi & Korsinsky Notifies Triplepoint Venture Growth BDC Corp. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , Aug. 9, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Triplepoint Venture Growth BDC Corp.. Shareholders who purchased shares of TPVG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Triplepoint Venture Growth BDC Corp. of a Class Action Lawsuit and a Lead Plaintiff Deadline of August 15, 2023 - (NYSE: TPVG)

LOS ANGELES, CA / ACCESSWIRE / August 8, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against TriplePoint Venture Growth BDC Corp. ("TriplePoint" or "the Company") (NYSE:TPVG) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 4, 2020 and May 1, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before August 15, 2023.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in TriplePoint Venture Growth BDC Corp. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / August 6, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against TriplePoint Venture Growth BDC Corp. ("TriplePoint" or "the Company") (NYSE: TPVG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 4, 2020 and May 1, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before August 15, 2023.

FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in TriplePoint Venture Growth BDC Corp. with Losses of $100,000 to Contact the Firm

TriplePoint Venture Growth now yields 14% after dropping post Q2 earnings. TPVG provides debt financing to high-growth venture capital-backed companies and targets returns in the 10-18% range. TPVG has a high weighted average portfolio yield, strong net investment income, and a well-covered dividend yield, making it an attractive option for risk-tolerant investors.

TriplePoint Venture Growth's 14% Yield Makes Up For The Risks

News for Triplepoint Venture Growth BDC ETF (TPVG)