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TriplePoint Venture Growth BDC Corp. (TPVG)

NYSE - NYSE Delayed Price. Currency in USD
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15.86+0.01 (+0.06%)
At close: 4:00PM EDT

TriplePoint Venture Growth BDC Corp.

2755 Sand Hill Road
Suite 150
Menlo Park, CA 94025
United States

http://www.tpvg.com

Sector(s)Financial Services
IndustryAsset Management
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. James P. LabeChairman & CEON/AN/A1957
Mr. Sajal K. SrivastavaPres, Chief Investment Officer, Sec., Treasurer & DirectorN/AN/A1976
Mr. Christopher M. Mathieu CPA, CPAChief Financial OfficerN/AN/A1965
Mr. Alan OshikiInvestor Relation - Abernathy MacGregor GroupN/AN/AN/A
Mr. Carl M. RizzoChief Compliance OfficerN/AN/A1952
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

TriplePoint Venture Growth BDC Corp is a business development company specializing investments in growth stage. It also provides debt financing to venture growth space companies which includes growth capital loans, equipment financings, revolving loans, and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It does not take board seat in the company.

Corporate Governance

TriplePoint Venture Growth BDC Corp.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.