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TriplePoint Venture Growth BDC Corp. filings document the regulatory record of a Maryland business development company with common stock listed on the New York Stock Exchange under TPVG. Current reports on Form 8-K furnish quarterly and annual financial results, Regulation FD materials, distribution declarations and material agreements tied to the company’s financing structure.
The filing record also covers capital structure and governance matters, including senior unsecured note issuance, amendments to the company’s revolving credit facility, annual-meeting voting results, director elections and auditor ratification. Proxy materials describe stockholder voting mechanics and board governance, while BDC-related disclosures frame portfolio financing, leverage limits, risk factors and the company’s role as a provider of debt, warrant and equity capital to venture growth-stage companies.
TriplePoint Venture Growth BDC Corp. reported Q2 2026 net investment income after excise taxes of $8,337 thousand and year-to-date net investment income of $17,459 thousand. Net increase in net assets from operations was $10,667 thousand for the quarter and $16,826 thousand for the six months, or $0.26 and $0.41 per share, respectively. Regular distributions declared totaled $0.23 per share for the quarter and $0.46 year-to-date.
As of June 30, 2026, the company held investments at fair value of $780,742 thousand within total assets of $809,044 thousand. Net assets were $352,825 thousand, with a net asset value per share of $8.67, slightly below $8.73 at December 31, 2025, on 40,710 common shares outstanding.
The portfolio is primarily composed of growth capital loans and revolvers to venture-backed companies, with debt investments at fair value of $637,421 thousand supplemented by warrant and equity positions. Non-qualifying assets represented 29.1% of total assets at fair value, while non-accrual debt investments had cost of $38.6 million and fair value of $16.4 million. Gross unrealized gains were $76.1 million and gross unrealized losses $108.1 million. On the liability side, the revolving credit facility balance increased to $195,000 thousand, and the company repaid $200,000 thousand of 2026 Notes while issuing $75,000 thousand of 7.50% 2028 Notes, contributing to a reduction of cash and restricted cash to $14,810 thousand.
TriplePoint Venture Growth BDC Corp. reported second‑quarter 2026 net investment income of $8.3 million, or $0.21 per share, on total investment and other income of $22.1 million, down from $23.3 million in the prior‑year quarter. Net increase in net assets resulting from operations was $10.7 million, or $0.26 per share. The debt portfolio produced a 12.9% weighted average annualized yield on debt investments, and net asset value was $352.8 million, or $8.67 per share, as of June 30, 2026. Realized gains of $12.9 million were driven largely by a secondary sale of Revolut equity, while the remaining Revolut position had a fair value of $47.9 million.
The company held investments in 53 debt, 117 warrant and 60 equity positions totaling $780.7 million at fair value, with a gross leverage ratio of 1.26x, net leverage of 1.22x and liquidity of $119.8 million, including $105.0 million of undrawn revolver capacity. The Board declared a third‑quarter regular distribution of $0.23 per share plus supplemental distributions totaling $0.12 per share, supported by estimated spillover income of $41.7 million, or $1.03 per share. The Board also authorized a 12‑month stock repurchase program of up to $12.5 million, and DBRS confirmed an investment‑grade BBB (low) rating with a stable trend.
TriplePoint Venture Growth BDC Corp. reports first‑quarter 2026 results with an investment portfolio at fair value of $785.6M on amortized cost of $825.1M. Net assets were $351.0M, and net asset value per share was $8.65 versus $8.73 at year‑end 2025.
For the quarter, total investment and other income was $22.8M, while operating expenses net of an income incentive fee waiver of $1.8M were $13.2M, producing net investment income after excise taxes of $9.1M. Including net realized and unrealized losses of $3.0M, the net increase in net assets from operations was $6.2M, or $0.15 per share, compared with $0.32 per share a year earlier.
The company paid regular distributions of $0.23 per share in the quarter, with $0.5M reinvested through the dividend reinvestment plan. On the balance sheet, Revolving Credit Facility borrowings rose to $197.0M, and the company issued $75.0M of 7.50% 2028 Notes while fully repaying its 2026 Notes of $200.0M. Cash, cash equivalents and restricted cash ended the quarter at $9.0M.
TriplePoint Venture Growth BDC Corp. reported first quarter 2026 results highlighting strong income generation and active portfolio activity. Net investment income was $9.1 million, or $0.23 per share, with a 13.5% weighted average annualized portfolio yield on debt investments.
The debt investment portfolio grew to $716.8 million at cost, and total investments at fair value were $785.6 million. Net asset value was $351.0 million, or $8.65 per share. The company funded $26.5 million in new debt investments and saw $25.3 million of principal prepayments and early repayments.
Leverage remained elevated but stable, with a 1.27x leverage ratio and a 1.25x net leverage ratio, supported by $112.0 million of liquidity. The board declared a $0.23 per share regular distribution for the second quarter and authorized a $12.5 million stock repurchase program. Estimated spillover income totaled $42.6 million, or $1.05 per share, providing support for future distributions.
TriplePoint Venture Growth BDC Corp. held its Annual Meeting of Stockholders on April 29, 2026. Of 40,491,145 common shares eligible to vote as of March 9, 2026, holders of 27,096,322 shares participated in person or by proxy.
Stockholders elected three Class III directors—James P. Labe, Cynthia M. Fornelli, and Katherine J. Park—to serve until the 2029 annual meeting or until their successors are elected and qualified. They also ratified the selection of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
TriplePoint Venture Growth BDC Corp. is asking stockholders to vote at its 2026 virtual annual meeting on April 29, 2026. Holders of 40,491,145 common shares as of March 9, 2026 can vote on electing three Class III directors to terms running to 2029 and on ratifying Deloitte & Touche LLP as independent auditor for 2026. The eight‑member board includes six independent directors, with a lead independent director structure and fully independent audit, nominating, valuation and compensation committees. Independent directors received annual retainers and meeting fees in 2025, led by payments of up to $123,000, while executive officers are compensated by the external adviser, which earned a $13.5 million base management fee and was reimbursed $2.5 million for administration costs in 2025.
TriplePoint Venture Growth BDC Corp. (TPVG) is a business development company that lends to venture capital–backed growth companies in technology and other high-growth industries. It aims to generate most of its return from current interest income, with upside from equity and warrant gains.
TPVG focuses on secured growth capital loans, equipment financings, and revolving credit facilities, typically to companies with at least a $20 million annualized revenue run rate and backing from a select group of leading venture capital firms. Its loans are usually senior secured and often include warrant coverage of 2%–10% of the committed amount.
The company underwrites unlevered yields-to-maturity generally ranging from 10%–18% on growth capital and equipment loans and 1%–10% above Prime or a SOFR-based margin on revolving loans. As of June 30, 2025, the aggregate market value of common stock held by non‑affiliates was approximately $278.8 million, and 40,491,145 shares were outstanding as of March 4, 2026.
TriplePoint Venture Growth BDC Corp. reported full-year 2025 net investment income of $42.3 million, or $1.05 per share, and a net increase in net assets from operations of $49.2 million, or $1.22 per share. For fourth quarter 2025, net investment income was $9.9 million, or $0.25 per share, supported by a 12.7% weighted average annualized portfolio yield on debt investments.
Net asset value rose to $353.6 million, or $8.73 per share, at December 31, 2025, with the total investment portfolio reaching $783.5 million. The board declared a first quarter 2026 distribution of $0.23 per share, and the company estimates spillover income of $42.3 million, or $1.04 per share, providing support for future payouts.
TriplePoint entered into $508.1 million of new debt commitments during 2025 and maintained a diversified portfolio of 55 debt, 118 warrant, and 55 equity positions. It also refinanced near-term unsecured notes by issuing $75 million of 7.50% senior notes due 2028 and repaying $200 million of notes maturing March 2026, while its adviser agreed to waive income incentive fees through fiscal 2026.
TriplePoint Venture Growth BDC Corp. entered into a new Master Note Purchase Agreement to issue $75,000,000 of senior unsecured notes due February 27, 2028 with a fixed 7.50% interest rate. These Series 2026 Notes were privately placed with a qualified institutional investor.
On March 2, 2026, the company used the net proceeds from the Series 2026 Notes, together with borrowings under its revolving credit facility and cash on hand, to repay in full, at maturity, $200.0 million of its 4.50% unsecured notes due March 2026, including accrued interest. The new notes are redeemable at par plus accrued interest and potential make-whole, rank equally with other unsecured unsubordinated debt, and are subject to financial covenants including a minimum 1.50x asset coverage ratio and minimum stockholders’ equity thresholds, with interest step-ups of up to 2.00% if specified credit or leverage events occur.
TriplePoint Venture Growth BDC Corp.’s chief executive officer, James Labe, reported indirect purchases of the company’s common stock through TriplePoint Capital LLC. On January 9, 2026, the LLC bought 16,000 shares at $6.5577 per share, and on January 12, 2026, it bought an additional 23,799 shares at $6.6603 per share. After these transactions, TriplePoint Capital LLC was shown as indirectly holding 1,998,489 shares of common stock for reporting purposes.
The filing notes that these purchases occurred automatically under a Rule 10b5-1 trading plan adopted by TriplePoint Capital LLC on November 6, 2025. Labe also reports 250 shares held in children’s custodian trust accounts indirectly and 239,404.46 shares held directly, which include stock received through the company’s dividend reinvestment plan. He disclaims beneficial ownership of certain reported securities beyond his pecuniary interest.