Trinity Capital Inc. reports developments as an alternative asset manager and specialty lender focused on private credit for growth-oriented companies. Its recurring news includes quarterly financial results, net investment income, NAV movement, new commitments, funded investments, repayments, exits, and portfolio activity across Sponsor Finance, Equipment Finance, Tech Lending, Asset Based Lending, and Life Sciences.
Company updates also cover secured loans, equipment financings, warrant and equity investments, sponsored investment funds, SBIC-related activity, and growth-capital facilities for portfolio companies in technology, life sciences, medical technology, energy infrastructure, and other innovation-driven markets.
Pearl Health raised $110 million, including a $50 million equity round led by Andreessen Horowitz and a $60 million credit facility led by Trinity Capital (TRIN). The funds will expand Pearl's AI platform, Medicare Advantage presence, and new risk offerings.
Pearl reached profitability in 2025, manages $3.6 billion in annualized medical spend across 10,000+ providers in 40+ states, and cares for 250,000+ Medicare beneficiaries. It is projected to generate $500 million in gross savings and triple its patient base from 2024 through 2026.
Pearl Health announced a $110 million capital raise, including a $50 million equity round led by Andreessen Horowitz and a $60 million credit facility from Trinity Capital. The funds will expand its AI platform, support Medicare Advantage entry, and grow enterprise health system and payer partnerships.
The company reached profitability in 2025, manages about $3.6 billion in annualized medical spend for 250,000+ Medicare beneficiaries, and projects $500 million in gross healthcare savings while tripling its patient base from 2024 through 2026.
Trinity Capital (Nasdaq: TRIN) will release its second quarter 2026 financial results at 8:00 a.m. ET on Wednesday, August 5, 2026, followed by an earnings conference call at 12:00 p.m. ET, accessible by phone and live webcast.
Trinity Capital (Nasdaq: TRIN) declared a monthly cash dividend of $0.17 per share for each of July, August and September 2026, matching the first half of 2026. Shareholders have received a consistent or increased dividend for more than six consecutive years.
The Q3 2026 dividends have record dates on July 15, August 14 and September 10, with payments on July 31, August 31 and September 30. The company targets distributing approximately 90%–100% of taxable income to maintain regulated investment company tax status and may also pay supplemental dividends.
Trinity Capital (Nasdaq: TRIN) announced the acquisition of Equipment Leasing Services (ELS), a Southwest-focused equipment finance provider serving sectors such as manufacturing, transportation, construction and aerospace.
ELS becomes a standalone portfolio company, adding an established originations platform, recurring income stream, and expanded equipment finance capabilities to Trinity’s platform.
Trinity Capital (Nasdaq: TRIN) priced an underwritten public offering of $300 million in aggregate principal amount of 7.0% unsecured notes due 2031.
The notes mature on May 21, 2031, pay interest semiannually from November 21, 2026, and are expected to close on May 21, 2026, with net proceeds intended to repay KeyBank Credit Facility debt.
Trinity Capital (Nasdaq: TRIN) reported Q1 2026 results: total investment income $90.1M (up 37.8% YoY), net investment income $44.5M or $0.53 per share, NAV $1.2B or $13.27 per share, and ROAE 15.8%. Q1 gross investments funded were $306.3M with $238.3M of exits/repayments. Net leverage was ~115% and available liquidity was ~$282.1M. The Board declared monthly dividends of $0.17 for Apr–Jun 2026.
Parafin announced an upsized and renewed warehouse credit facility with Silicon Valley Bank (SVB), new A-note lender EverBank, and Trinity Capital (NASDAQ: TRIN) on May 5, 2026. The expansion builds on a prior $125 million facility from 2024 and is said to increase borrowing capacity and lower Parafin’s cost of capital. Parafin noted it has funded over $2 billion to nearly 50,000 small businesses to date and that most fundings go to repeat borrowers. The facility aims to support embedded financing across platforms like Amazon, DoorDash, Gusto, TikTok Shop, and Walmart.
Trinity Capital (Nasdaq: TRIN) announced that its sponsored fund, Trinity Capital SBIC LP, received an SBIC license from the U.S. Small Business Administration on May 4, 2026. This is the firm's third sponsored SBIC license since 2008 and follows prior SBIC deployments totaling $734 million.
As an SBIC, the Fund is eligible for up to $175 million of SBA‑guaranteed debentures at a two‑to‑one debt‑to‑investor commitments ratio, supporting a potential total fund size of $262.5 million if the target $87.5 million fundraising is achieved.
Trinity Capital (Nasdaq: TRIN) committed up to $35 million in equipment financing to Torus to support expansion of its new GigaOne manufacturing and assembly facility.
The financing targets scaling production of American-made distributed mesh energy systems for utilities, data centers, manufacturers, and commercial and industrial customers.