asbe Introduction Some may know I spent a great deal of my adult life serving in the U.S. Navy and recently retired last year. If you served in the Navy a phrase you would often hear is, don't go down with the ship. I reference this to TriplePoint Venture Growth (NYSE:TPVG), a BDC that has faced its fair share of headwinds while their peers have enjoyed success over the past two years or so. In this article, I highlight some of TPVG's issues, latest earnings, and how I think the BDC could fare going forward ...

junce On our last coverage of TriplePoint Venture Growth (NYSE:TPVG) we gave it the two thumbs down and the second-highest danger rating on our proprietary Kenny Loggins scale. The BDC will cut its dividend, in our view, and then trade at a 20% discount to that NAV. VGANY VOGOLNS LOW TPVG 10-Q Previous Article As such, we're expecting mid $6.00s to be realized. The new dividend will likely be around 25-30 cents a share, and that should put a floor around that price as well. Source: Value Loss Vs. Valuation ...

leszekglasner TriplePoint Venture Growth Overview Business Development Companies have been my go-to place to benefit from the higher interest rate environment. However, not all BDCs are built the same, and some haven't been able to capitalize as efficiently as others. I previously covered TriplePoint Venture Growth (NYSE:TPVG) back in early April and gave it a sell rating due to its decreasing portfolio size and weaker distribution coverage. Since my last coverage, there have been two quarterly earnings rep ...

TriplePoint Venture Growth (NYSE:TPVG) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Jim Labe - Chief Executive Officer & Chairman Sajal Srivastava - President & Chief Investment Officer Chris Mathieu - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler Finian O'Shea - Wells Fargo Doug Harter - UBS Christopher Nolan - Ladenburg Thalmann Operator Good afternoon, ladies and gentlemen, and welcome to the TriplePoint Venture Growth BDC Corporation ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________________________________________________________________________________________________ Form 10-Q ________________________________________________________________________________________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, ...

Exhibit 99.1 TriplePoint Venture Growth BDC Corp. Announces Second Quarter 2024 Financial Results Increase in Signed Term Sheets, Closed Commitments and Fundings Received $97.0 million from Liquidity Events Renews Revolving Credit Facility Declares Third Quarter 2024 Distribution of $0.30 per Share Menlo Park, Calif., August 7, 2024 - TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the "Company," "TPVG," "we," "us," or "our"), the leading financing provider to venture growth stage companies backed by a s ...

TriplePoint Venture Growth (TPVG) shares soared 6.2% in the last trading session to close at $8.80. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6% loss over the past four weeks. For TriplePoint Venture Growth, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure t ...

pkanchana/iStock via Getty Images The Black Sheep of BDCs The essential question for investors today is whether this wave of credit losses is coming to an end, or whether there is more to be revealed. TPVG's internal oredit ratings show approximately 8.3% of its portfolio was in the lowest "orange" or "red" categories. Source Management discussed the companies on this watch list in the Q1 earnings call. Co-founder and CEO James Labe noted that one of the companies in the orange category, TFG Holdings, was a ...

Dilok Klaisataporn So what's happening? The Company Went In A Different Direction Data by YCharts By most measures, the economy has performed better than what most people expected in the last few months. The overall price changes on the BIZD ETF are a good proxy for that. Another measure one can use to gauge this is the US Corporate BBB Option-Adjusted Spread. A lower number here means that there is less stress (or at least less perceived stress) in the system. As you can see, this spread is marginally lowe ...

TriplePoint Venture Growth (NYSE:TPVG) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants James Labe - Co-Founder, Chairman and CEO Sajal Srivastava - Co-Founder, President, CIO, Secretary and Treasurer Christopher Mathieu - CFO Conference Call Participants Finian O'Shea - Wells Fargo Crispin Love - Piper Sandler Vilas Abraham - UBS Paul Johnson - KBW Christopher Nolan - Ladenburg Thalmann Operator Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC ...