TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2020 Financial Results
MENLO PARK, Calif.–(BUSINESS WIRE)–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 select group of venture capital firms in technology and other high growth industries, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2020, and the declaration by its Board of Directors of its first quarter 2021 distribution of $0.36 per share.
Fourth Quarter 2020 Highlights
- Earned net investment income of $11.9 million, or $0.39 per share;
- Recorded $4.2 million from the realization of gains from the sale of CrowdStrike, Inc. shares, the sale of…