TriplePoint Venture Growth BDC Corp. Announces Retirement of Chief Financial Officer
June 14 2024 - 7:30AM
Business Wire
Company to Announce 2024 Second Quarter
Results on 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 select group
of venture capital firms in technology and other high growth
industries, today announced that Christopher M. Mathieu plans to
retire as the Chief Financial Officer (“CFO”) of TPVG effective as
of the close of business on August 9, 2024 and will continue to
serve as an advisor through December 31, 2024 to provide a smooth
transition. Mr. Mathieu has served as CFO of TPVG since July 2019.
The Company has initiated a search for a successor to Mr. Mathieu
and engaged a leading executive search firm.
“We are grateful for Chris’ outstanding contributions during his
tenure as CFO,” said Jim Labe, Chairman and Chief Executive Officer
of TPVG. “His deep industry knowledge, financial expertise and
strategic insights have helped guide the entire TriplePoint Capital
platform to strong AUM growth, strong financial performance, and
industry leadership. As he embarks on his well-deserved retirement,
we extend our deepest appreciation for his dedicated service and
lasting impact, as his work has benefited our investors, portfolio
companies, and team.”
“I am thankful for the opportunity to have served as CFO of
TPVG, TriplePoint Capital, as well as other investment vehicles on
the platform,” said Christopher M. Mathieu, Chief Financial Officer
of TPVG. “It has been an honor to work with an industry-leading
platform and our dedicated team. I am proud of all we have
accomplished together and look forward to the platform and team’s
growth and continued success.”
The Company will release its financial results for its second
quarter ending June 30, 2024 after market-close on August 7, 2024
and will host a conference call that same day at 5:00 p.m. Eastern
Time to discuss the Company’s financial results. The Company will
release details regarding how investors and analysts can access the
conference call at a later date.
ABOUT TRIPLEPOINT VENTURE GROWTH BDC CORP.
TriplePoint Venture Growth BDC Corp. is an externally-managed
business development company focused on providing customized debt
financing with warrants and direct equity investments to venture
growth stage companies in technology and other high growth
industries backed by a select group of venture capital firms. The
Company’s sponsor, TriplePoint Capital, is a Sand Hill Road-based
global investment platform which provides customized debt
financing, leasing, direct equity investments and other
complementary solutions to venture capital-backed companies in
technology and other high growth industries at every stage of their
development with unparalleled levels of creativity, flexibility and
service. For more information about TriplePoint Venture Growth BDC
Corp., visit https://www.tpvg.com. For more information about
TriplePoint Capital, visit https://www.triplepointcapital.com.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release constitute
forward-looking statements. Forward-looking statements are not
guarantees of future events, performance, condition or results and
involve a number of substantial risks and uncertainties, many of
which are difficult to predict and are generally beyond the
Company’s control. Words such as “anticipates,” “expects,”
“intends,” “plans,” “will,” “may,” “continue,” “believes,” “seeks,”
“estimates,” “would,” “could,” “should,” “targets,” “projects,” and
variations of these words and similar expressions are intended to
identify forward-looking statements. Actual events, performance,
conditions or results may differ materially from those in the
forward-looking statements as a result of a number of factors,
including those described from time to time in the Company’s
filings with the Securities and Exchange Commission. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which reflect management’s opinions only as of the date
hereof. The Company undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required
by law.
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INVESTOR RELATIONS AND MEDIA CONTACT The IGB Group Leon
Berman 212-477-8438 lberman@igbir.com
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