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TriplePoint Venture Growth BDC Corp. is an externally managed, closed-end investment company that operates as a business development company. 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)'s select group of venture capital investors. It invests primarily in growth capital loans that have a secured collateral position and that are generally used by venture growth stage companies to finance their continued expansion and growth, on a select basis, equipment financings, which may be structured as loans or leases, that have a secured collateral position on specified mission-critical equipment, and revolving loans that have a secured collateral position. Its investment adviser is TriplePoint Advisers LLC.
Find out what a historical investment in TRIPLEPOINT VENTURE GROWTH B would be worth today using our TPVG stock calculator.
Market Capitalisation
$196.09M
Price-earnings ratio
-
Dividend yield
18.74%
Volume
0
High today
$5.02
Low today
$4.82
Open price
$0.00
52-week high
$7.50
52-week low
$4.48
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