TPVG on NYSE
TriplePoint Venture Growth BDC Corp.
Corporation registered in the United States, active since 2013. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
- TickerTPVG on NYSE2
- HeadquartersLutherville Timonium, United States2
- Incorporated inMD3
- Business address2735 Sand Hill Road, Suite 100, Menlo Park, Ca3
- Filer categoryAccelerated filer3
- Legal formStock Corporation2
- LEI549300ATPBY6JIFH9Z882
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O DISCERN REGISTERED AGENT INC., 21401 Annapolis, United States2
- Registered withBusiness Services (Maryland Department of Assessments and Taxation), D153249082
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We are an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company, or “BDC,” under the Investment Company Act of 1940, as amended, or the “1940 Act.” We have also elected to be treated, and intend to qualify annually, as a regulated investment company, or “RIC,” under Subchapter M of the Internal Revenue Code of 1986, as amended, or the “Code,” for U.S. federal income tax purposes.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 5 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Interest income from investments | $69.7M | $91.3M | $121.6M | ||
| Payment-in-kind interest income | $18.5M | $15.1M | $11.6M | ||
| Expirations/terminations of unfunded commitments | $566.0K | $441.0K | $1.9M | ||
| Other fees | $2.1M | $1.8M | $2.3M | ||
| Total investment and other income | $90.9M | $108.6M | $137.5M | ||
| Base management fee | $13.5M | $15.0M | $17.9M | ||
| Income incentive fee | $5.3M | $0 | $0 | ||
| Interest expense and amortization of fees | $26.5M | $30.4M | $36.8M | ||
| Administration Agreement expenses | $2.5M | $2.4M | $2.3M | ||
| General and administrative expenses | $6.1M | $6.3M | $6.7M | ||
| Total operating expenses before Income incentive fee waiver | $54.0M | $54.1M | $63.7M | ||
| Income incentive fee waiver | -$5.3M | $0 | $0 | ||
| Total operating expenses net of Income incentive fee waiver | $48.7M | $54.1M | $63.7M | ||
| Net investment income | $42.3M | $54.5M | $73.8M | ||
| Net realized gains (losses) on investments | $6.3M | -$33.0M | -$75.8M | ||
| Net change in unrealized gains (losses) on investments | $664.0K | $10.5M | -$37.9M | ||
| Net realized and unrealized gains/(losses) | $6.9M | -$22.5M | -$113.6M | ||
| Net increase (decrease) in net assets resulting from operations | $49.2M | $32.0M | -$39.8M | ||
| Net investment income per share, Basic (in dollars per share) | $1.05 | $1.40 | $2.07 | ||
| Net investment income per share, Diluted (in dollars per share) | $1.05 | $1.40 | $2.07 | ||
| Net increase (decrease) in net assets per share (in dollars per share) | $1.22 | $0.82 | -$1.12 | -$0.61 | $2.47 |
| Weighted average shares of common stock outstanding, Basic (in shares) | 40.3M shares | 39.1M shares | 35.7M shares | 32.7M shares | 30.9M shares |
| Weighted average shares of common stock outstanding, Diluted (in shares) | 40.3M shares | 39.1M shares | 35.7M shares | 32.7M shares | 30.9M shares |
| Regular distributions declared per share (in dollars per share) | $1.06 | $1.40 | $1.60 | ||
| Supplemental distributions declared per share (in dollars per share) | $0.02 | $0.00 | $0.00 | ||
| Total distributions declared per share, Basic (in dollars per share) | $1.08 | $1.40 | $1.60 | ||
| Total distributions declared per share, Diluted (in dollars per share) | $1.08 | $1.40 | $1.60 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 6 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Investments at fair value | $783.5M | $676.2M | |||
| Cash and cash equivalents | $20.4M | $45.9M | $153.3M | ||
| Restricted cash | $27.0M | $32.8M | $18.3M | ||
| Deferred credit facility costs | $4.6M | $3.9M | |||
| Prepaid expenses and other assets | $4.1M | $4.2M | |||
| Total assets | $839.6M | $763.0M | |||
| Revolving Credit Facility | $95.0M | $5.0M | |||
| Base management fee payable | $3.6M | $3.4M | |||
| Income incentive fee payable | $0 | $0 | |||
| Other accrued expenses and liabilities | $13.4M | $15.1M | |||
| Total liabilities | $486.0M | $417.4M | |||
| Preferred stock, par value $0.01 per share (50,000 shares authorized; no shares issued and outstanding, respectively) | $0 | $0 | |||
| Common stock, par value $0.01 per share | $405.0K | $401.0K | |||
| Paid-in capital in excess of par value | $514.4M | $513.7M | |||
| Total distributable earnings (loss) | -$161.2M | -$168.4M | |||
| Total net assets | $353.6M | $345.7M | $346.3M | $419.9M | $434.5M |
| Total liabilities and net assets | $839.6M | $763.0M | |||
| Shares of common stock outstanding (par value $0.01 per share and 450,000 authorized) | 40.5M shares | 40.1M shares | 37.6M shares | 35.3M shares | 31.0M shares |
| Net asset value per share | $8.73 | $8.61 | $9.21 | $11.88 | $14.01 |
| Amortized cost | $820.4M | $713.7M | |||
| Preferred stock, par or stated value ( in dollars per share) | $0.01 | $0.01 | |||
| Preferred stock, authorized (in shares) | 50.0M shares | 50.0M shares | |||
| Preferred stock, issued (in shares) | 0 shares | 0 shares | |||
| Preferred stock, outstanding (in shares) | 0 shares | 0 shares | |||
| Common stock, par or stated value (in dollars per share) | $0.01 | $0.01 | |||
| Common stock, authorized (in shares) | 450.0M shares | 450.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| Investments at fair value | $783.5M | $676.2M | ||||
| Cash and cash equivalents | $20.4M | $45.9M | $153.3M | |||
| Restricted cash | $27.0M | $32.8M | $18.3M | |||
| Deferred credit facility costs | $4.6M | $3.9M | ||||
| Prepaid expenses and other assets | $4.1M | $4.2M | ||||
| Total assets | $839.6M | $763.0M | ||||
| Revolving Credit Facility | $95.0M | $5.0M | ||||
| Base management fee payable | $3.6M | $3.4M | ||||
| Income incentive fee payable | $0 | $0 | ||||
| Other accrued expenses and liabilities | $13.4M | $15.1M | ||||
| Total liabilities | $486.0M | $417.4M | ||||
| Preferred stock, par value $0.01 per share (50,000 shares authorized; no shares issued and outstanding, respectively) | $0 | $0 | ||||
| Common stock, par value $0.01 per share | $405.0K | $401.0K | ||||
| Paid-in capital in excess of par value | $514.4M | $513.7M | ||||
| Total distributable earnings (loss) | -$161.2M | -$168.4M | ||||
| Total net assets | $353.6M | $345.7M | $346.3M | $419.9M | $434.5M | $400.4M |
| Total liabilities and net assets | $839.6M | $763.0M | ||||
| Shares of common stock outstanding (par value $0.01 per share and 450,000 authorized) | 40.5M shares | 40.1M shares | 37.6M shares | 35.3M shares | 31.0M shares | |
| Net asset value per share | $8.73 | $8.61 | $9.21 | $11.88 | $14.01 | $12.97 |
| Amortized cost | $820.4M | $713.7M | ||||
| Preferred stock, par or stated value ( in dollars per share) | $0.01 | $0.01 | ||||
| Preferred stock, authorized (in shares) | 50.0M shares | 50.0M shares | ||||
| Preferred stock, issued (in shares) | 0 shares | 0 shares | ||||
| Preferred stock, outstanding (in shares) | 0 shares | 0 shares | ||||
| Common stock, par or stated value (in dollars per share) | $0.01 | $0.01 | ||||
| Common stock, authorized (in shares) | 450.0M shares | 450.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net increase (decrease) in net assets resulting from operations | $49.2M | $32.0M | -$39.8M |
| Fundings and purchases of investments | -$291.2M | -$136.0M | -$127.0M |
| Principal payments and proceeds from investments | $214.1M | $256.3M | $183.9M |
| Payment-in-kind interest on investments | -$18.5M | -$15.1M | -$11.6M |
| Net change in unrealized (gains) losses on investments | -$664.0K | -$10.5M | $37.9M |
| Net realized (gains) losses on investments | -$6.3M | $33.0M | $75.8M |
| Amortization and (accretion) of premiums and discounts, net | -$4.8M | -$5.6M | -$2.5M |
| (Accretion) reduction of end-of-term payments, net of prepayments | $88.0K | $3.8M | -$9.3M |
| Amortization of debt fees and issuance costs | $2.6M | $2.9M | $2.3M |
| Prepaid expenses and other assets | $65.0K | -$1.8M | -$515.0K |
| Base management fee payable | $173.0K | -$1.1M | $287.0K |
| Other accrued expenses and liabilities | -$1.8M | -$5.0M | -$3.3M |
| Net cash (used in) provided by operating activities | -$57.0M | $152.9M | $106.1M |
| Borrowings under revolving credit facility | $90.0M | $260.0M | $370.0M |
| Repayments under revolving credit facility | $0 | -$470.0M | -$330.0M |
| Distributions paid | -$41.3M | -$52.1M | -$54.9M |
| Deferred credit facility costs | -$2.3M | -$3.1M | $0 |
| Debt issuance costs | -$740.0K | $0 | -$13.0K |
| Proceeds from the issuance of common stock, net | $0 | $19.4M | $21.1M |
| Net cash provided by (used in) financing activities | $25.7M | -$245.8M | $6.2M |
| Net change in cash, cash equivalents and restricted cash | -$31.4M | -$92.9M | $112.3M |
| Cash paid for interest | $23.5M | $25.7M | $34.3M |
| Distributions reinvested | $2.2M | $2.9M | $2.7M |
| Excise tax paid | $1.6M | $1.5M | $726.0K |
No quarter-by-quarter statement was filed.
Compare TriplePoint Venture Growth BDC Corp. with another company
Leadership
Who has led TriplePoint Venture Growth BDC Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
201520202025
- Chief executive officerJames Labe Mar 5, 2014 to now11
- PresidentSajal Srivastava Mar 5, 2014 to now12
- Chief financial officerMike Wilhelms Jan 10, 2025 to Jan 10, 202513
- Chief financial officerMatthew Galiani Aug 9, 2024 to Aug 9, 202414
- Chief financial officerChristopher M. Mathieu Aug 29, 2019 to Sep 12, 202215
- Chief financial officerAndrew Olson Aug 14, 2017 to Oct 27, 201716
- Chief financial officerHarold Spencer Mar 5, 2014 to Mar 5, 201417
- Chief financial officerHarold F. Zagunis Apr 2, 2014 to Nov 6, 201418
Board members and other officers (10)
- OfficerChristopher Gastelu Mar 28, 2019 to Mar 28, 201919
- OfficerSajal Srivastava Jun 3, 2015 to Aug 24, 201520
- Chief Compliance OfficerCarl M. Rizzo Mar 5, 2014 to Mar 5, 201421
- Board memberKimberley H. Vogel Dec 22, 2021 to Dec 20, 202222
- Board memberKatherine J. Park Dec 27, 2021 to Mar 18, 202423
- Board memberCynthia M. Fornelli Jan 7, 2020 to Dec 19, 202324
- Board memberGilbert Ahye Mar 5, 2014 to Mar 31, 202025
- Board memberJames Labe Mar 5, 2014 to now11
- Board memberSajal Srivastava Mar 5, 2014 to now12
- Board memberStephen Cassani Mar 5, 2014 to Mar 13, 202426
Timeline
Filings
180 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 47 major events, 72 insider forms, 1 large holders, 40 other. The latest 20:
- Oct 15, 20268-K EDGAR
- Sep 22, 20264 EDGAR
- Sep 22, 20264 EDGAR
- Sep 22, 2026SCHEDULE 13D EDGAR
- Sep 21, 20268-K EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- May 6, 202610-Q EDGAR
- May 6, 20268-K EDGAR
- May 1, 20268-K EDGAR
- Apr 30, 2026CORRESP EDGAR
- Mar 13, 202640-17G EDGAR
- Mar 9, 2026DEFA14A EDGAR
- Mar 9, 2026DEF 14A EDGAR
- Mar 4, 202610-K EDGAR
- Mar 4, 20268-K EDGAR
- Mar 2, 20268-K CURRENT REPORT EDGAR
- Jan 13, 20264 EDGAR
- Jan 13, 20264 EDGAR
- Jan 9, 20264 EDGAR
The 180 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
127 open-market trades by officers, directors and large owners since October 2021: 126 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 18, 2026 | Srivastava SajalPresident and CIO | Sale | 313,865 | $4.71 | $1.5M | Form 4 |
| Sep 18, 2026 | Labe JamesChief Executive Officer | Buy | 313,865 | $4.71 | $1.5M | Form 4 |
| Jan 12, 2026 | Srivastava SajalPresident and CIO | Buy | 23,799 | $6.66 | $158.5K | Form 4 |
| Jan 12, 2026 | Labe JamesChief Executive Officer | Buy | 23,799 | $6.66 | $158.5K | Form 4 |
| Jan 9, 2026 | Srivastava SajalPresident and CIO | Buy | 16,000 | $6.56 | $105.0K | Form 4 |
| Jan 9, 2026 | Labe JamesChief Executive Officer | Buy | 16,000 | $6.56 | $105.0K | Form 4 |
| Jan 8, 2026 | Srivastava SajalPresident and CIO | Buy | 16,833 | $6.61 | $111.3K | Form 4 |
| Jan 8, 2026 | Labe JamesChief Executive Officer | Buy | 16,833 | $6.61 | $111.3K | Form 4 |
| Jan 7, 2026 | Srivastava SajalPresident and CIO | Buy | 30,877 | $6.43 | $198.5K | Form 4 |
| Jan 7, 2026 | Labe JamesChief Executive Officer | Buy | 30,877 | $6.43 | $198.5K | Form 4 |
| Jan 6, 2026 | Srivastava SajalPresident and CIO | Buy | 34,000 | $6.61 | $224.7K | Form 4 |
| Jan 6, 2026 | Labe JamesChief Executive Officer | Buy | 34,000 | $6.61 | $224.7K | Form 4 |
| Jan 5, 2026 | Srivastava SajalPresident and CIO | Buy | 40,000 | $6.70 | $268.0K | Form 4 |
| Jan 5, 2026 | Labe JamesChief Executive Officer | Buy | 40,000 | $6.70 | $268.0K | Form 4 |
| Jan 2, 2026 | Srivastava SajalPresident and CIO | Buy | 27,153 | $6.60 | $179.2K | Form 4 |
| Jan 2, 2026 | Labe JamesChief Executive Officer | Buy | 27,153 | $6.60 | $179.2K | Form 4 |
| Dec 31, 2025 | Srivastava SajalPresident and CIO | Buy | 30,459 | $6.55 | $199.5K | Form 4 |
| Dec 31, 2025 | Labe JamesChief Executive Officer | Buy | 30,459 | $6.55 | $199.5K | Form 4 |
| Dec 30, 2025 | Srivastava SajalPresident and CIO | Buy | 39,814 | $6.44 | $256.4K | Form 4 |
| Dec 30, 2025 | Srivastava SajalPresident and CIO | Buy | 25,000 | $6.45 | $161.2K | Form 4 |
All 127 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- TriplePoint Capital LLCSCHEDULE 13D, 1 filing Sep 22, 202627
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 63. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Two Sigma Investments, LP | 618,001 | $3.0M | 0.0% | −232,938 |
| Marshall Wace, Llp | 337,655 | $1.7M | 0.0% | −59,134 |
| Legal & General Group Plc | 325,584 | $1.6M | 0.0% | +14,054 |
| BlackRock, Inc. | 153,663 | $754.5K | 0.0% | −2,883 |
| Bank Of America Corp /de/ | 126,269 | $620.0K | 0.0% | +58,083 |
| Morgan Stanley | 122,506 | $601.5K | 0.0% | −17,996 |
| Wells Fargo & Company/mn | 115,985 | $569.5K | 0.0% | +3,789 |
| UBS Group AG | 84,998 | $417.3K | 0.0% | −122,619 |
| Kovack Advisors, Inc. | 79,219 | $401.6K | 0.0% | +12,850 |
| LPL Financial LLC | 65,604 | $322.1K | 0.0% | −1,775 |
| Samalin Investment Counsel, LLC | 61,743 | $303.2K | 0.1% | −37,850 |
| Cetera Investment Advisers | 58,077 | $285.2K | 0.0% | +3,778 |
| Virtus Investment Advisers, LLC | 53,323 | $261.8K | 0.1% | −15,190 |
| Eagle Global Advisors LLC | 40,695 | $199.8K | 0.0% | −3,665 |
| Arax Advisory Partners | 40,300 | $197.9K | 0.0% | New |
| Prospera Financial Services Inc | 39,760 | $195.2K | 0.0% | +4,951 |
| Ethos Financial Group, LLC | 40,360 | $194.4K | 0.0% | −3,200 |
| Closed-End Fund Advisors, Inc. | 33,804 | $166.0K | 0.2% | −1,320 |
| Cresset Asset Management, LLC | 32,814 | $161.1K | 0.0% | +1,454 |
| Osaic Holdings, Inc. | 32,014 | $157.2K | 0.0% | +11,064 |
| Meridian Wealth Management, LLC | 30,000 | $147.3K | 0.0% | No change |
| &partners | 23,860 | $117.2K | 0.0% | New |
| Norden Group LLC | 22,985 | $112.9K | 0.0% | −106,751 |
| Envestnet Asset Management Inc | 21,865 | $107.4K | 0.0% | New |
| IMC-Chicago, LLC | 21,431 | $105.2K | 0.0% | +7,902 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 9
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- 11SEC EDGARJames Labe, Chief executive officer
- 12SEC EDGARSajal Srivastava, President
- 13
- 14
- 15
- 16
- 17
- 18
- 19SEC EDGARChristopher Gastelu, Officer
- 20SEC EDGARSajal Srivastava, Officer
- 21
- 22SEC EDGARKimberley H. Vogel, Board member
- 23SEC EDGARKatherine J. Park, Board member
- 24SEC EDGARCynthia M. Fornelli, Board member
- 25SEC EDGARGilbert Ahye, Board member
- 26SEC EDGARStephen Cassani, Board member
- 27