TriplePoint Venture Growth BDC Corp.
For the period ended Dec 31, 2025. Filed Mar 4, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 4, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 15. Exhibits and Financial Statement Schedules
(a)Documents Filed as Part of this Report
The following financial statements are set forth in Item 8:
| Reports of Independent Registered Public Accounting Firm | 88 |
|---|---|
| Consolidated Statements of Assets and Liabilities as of December 31, 2025 and December 31, 2024 | 91 |
| Consolidated Statements of Operations for the Years Ended December 31, 2025, December 31, 2024 and December 31, 2023 | 92 |
| Consolidated Statements of Changes in Net Assets for the Years Ended December 31, 2025, December 31, 2024 and December 31, 2023 | 93 |
| Consolidated Statements of Cash Flows for the Years Ended December 31, 2025, December 31, 2024 and December 31, 2023 | 94 |
| Consolidated Schedules of Investments as of December 31, 2025 and December 31, 2024 | 109 |
| Notes to Consolidated Financial Statements | 123 |
(b)Exhibits
The following exhibits are filed as part of this report or hereby incorporated by reference to exhibits previously filed with the United States Securities and Exchange Commission:
| 3.1 | Articles of Amendment and Restatement(1) |
| 3.2 | Amended and Restated Bylaws(2) |
| 4.1 | Specimen Stock Certificate(3) |
| 4.2 | Indenture between TriplePoint Venture Growth BDC Corp. and U.S. National Bank Association, as trustee, dated July 31, 2015(4) |
| 4.3 | Master Note Purchase Agreement, dated March 19, 2020, by and among TriplePoint Venture Growth BDC Corp. and the Purchasers party thereto(13) |
| 4.4 | First Supplement to Master Note Purchase Agreement, dated as of March 1, 2021, by and among TriplePoint Venture Growth BDC Corp. and the Additional Purchasers party thereto(14) |
| 4.5 | Form of 4.50% Series 2021A Senior Note, due March 1, 2026 (incorporated by reference to Exhibit 4.4 hereto) |
| 4.6 | Second Supplement to Master Note Purchase Agreement, dated as of February 28, 2022, by and among TriplePoint Venture Growth BDC Corp. and the Additional Purchasers party thereto(15) |
| 4.7 | Form of 5.00% Series 2022A Senior Note, due February 28, 2027 (incorporated by reference to Exhibit 4.6 hereto) |
| 4.8 | Note Purchase Agreement, dated January 23, 2025, by and among TriplePoint Venture Growth BDC Corp. and the Purchasers party thereto(22) |
| 4.9 | Form of 8.11% Senior Note, due February 12, 2028 (incorporated by reference to Exhibit 4.8 hereto) |
| 4.10 | Description of TriplePoint Venture Growth BDC Corp.’s securities registered pursuant to Section 12 of the Securities Exchange Act of 1934(*) |
| 4.11 | Master Note Purchase Agreement, dated February 27, 2026, by and among TriplePoint Venture Growth BDC Corp. and the Purchaser party thereto(27) |
| 4.12 | Form of 7.50% Series 2026 Senior Note, due February 27, 2028 (incorporated by reference to Exhibit 4.11 hereto) |
| 10.1 | Dividend Reinvestment Plan(5) |
| 10.2 | Investment Advisory Agreement between TriplePoint Venture Growth BDC Corp. and TPVG Advisers LLC, dated February 18, 2014(6) |
| 10.3 | Administration Agreement between TriplePoint Venture Growth BDC Corp. and TPVG Administrator LLC, dated February 18, 2014(7) |
| 10.4 | License Agreement between TriplePoint Venture Growth BDC Corp. and TriplePoint Capital LLC, dated February 18, 2014(8) |
| 10.5 | Form of Indemnification Agreement between TriplePoint Venture Growth BDC Corp. and each of its directors and executive officers(9) |
| 10.6 | Loan Financing and Servicing Agreement, dated as of February 21, 2014, among TPVG Variable Funding Company LLC, as borrower, TriplePoint Venture Growth BDC Corp., individually and as collateral manager and as sole equity holder of the borrower, Vervent Inc., as backup collateral manager, the lenders from time to time parties thereto, Deutsche Bank AG, New York Branch, as facility agent, Deutsche Bank Trust Company Americas, as paying agent, Computershare Trust Company, N.A. as custodian and the other agents parties thereto, as amended and conformed through Amendment No. 17 dated August 6, 2024(21) |
| 10.7 | Pledge Agreement between TriplePoint Venture Growth BDC Corp., TPVG Variable Funding Company LLC and Deutsche Bank AG, dated February 21, 2014(10) |
| 10.8 | Blocked Account Control Agreement between TPVG Variable Funding Company LLC, Deutsche Bank AG and U.S. Bank, National Association, dated February 21, 2014(11) |
| 10.9 | Securities Purchase Agreement, dated as of October 25, 2017, by and between TriplePoint Venture Growth BDC Corp. and James P. Labe, Sajal K. Srivastava, and Andrew J. Olson(12) |
| 10.10 | Sales Agreement, dated as of September 30, 2022, by and among TriplePoint Venture Growth BDC Corp., TriplePoint Advisers LLC, TriplePoint Administrator LLC and UBS Securities LLC(16) |
| 10.11 | Sales Agreement, dated as of May 2, 2024, by and among TriplePoint Venture Growth BDC Corp., TriplePoint Advisers LLC, TriplePoint Administrator LLC and the Sales Agent(20) |
| 10.12 | Custody Agreement, dated as of August 5, 2025, by and between TriplePoint Venture Growth BDC Corp. and Computershare Trust Company, N.A.(17) |
| 10.13 | Custodial Agreement, dated as of August 5, 2025, by and between TriplePoint Venture Growth BDC Corp. and Computershare Trust Company, N.A.(18) |
| 10.14 | Amendment No. 18 to Loan Financing and Servicing Agreement, dated as of November 25, 2025, among TPVG Variable Funding Company LLC, as borrower, TriplePoint Venture Growth BDC Corp., individually and as collateral manager, Deutsche Bank AG, New York Branch, as facility agent, and the lenders parties thereto(24) |
| 19.1 | Insider Trading Policies and Procedures(25) |
| 21.1 | List of Subsidiaries(26) |
| 23.1 | Consent of Deloitte & Touche LLP(*) |
| 31.1 | Certification of Chief Executive Officer pursuant to Rule 13a-14 of the Securities Exchange Act of 1934(*) |
| 31.2 | Certification of Chief Financial Officer pursuant to Rule 13a-14 of the Securities Exchange Act of 1934(*) |
| 32.1 | Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002(**) |
| 32.2 | Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002(**) |
| 97.1 | Clawback Policy(19) |
| 99.1 | Report of Deloitte & Touche LLP on Senior Securities Table(*) |
| 99.2 | Amended Income Incentive Fee Waiver delivered to TriplePoint Venture Growth BDC Corp. by TriplePoint Advisers LLC, dated November 5, 2025(23) |
| 101.INS | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because XBRL tags are embedded within the Inline XBRL document(*) |
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document(*) |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document(*) |
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document(*) |
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document(*) |
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document(*) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
(1)Incorporated by reference to Exhibit (a) to the Registrant’s Pre-Effective Amendment No. 1 to TriplePoint Venture Growth BDC Corp.’s registration statement on Form N-2 (File No. 333-191871) filed on January 22, 2014.
(2)Incorporated by reference to Exhibit (b) to the Registrant’s Pre-Effective Amendment No. 1 to TriplePoint Venture Growth BDC Corp.’s registration statement on Form N-2 (File No. 333-191871) filed on January 22, 2014.
(3)Incorporated by reference to Exhibit (d) to the Registrant’s Pre-Effective Amendment No. 1 to TriplePoint Venture Growth BDC Corp.’s registration statement on Form N-2 (File No. 333-191871) filed on January 22, 2014.
(4)Incorporated by reference to Exhibit (1) to the Registrant’s Form 8-A (File No. 001-36328) on August 4, 2015.
(5)Incorporated by reference to Exhibit (e) to the Registrant’s Pre-Effective Amendment No. 1 to TriplePoint Venture Growth BDC Corp.’s registration statement on Form N-2 (File No. 333-191871) filed on January 22, 2014.
(6)Incorporated by reference to Exhibit (g) to the Registrant’s Pre-Effective Amendment No. 2 to TriplePoint Venture Growth BDC Corp.’s registration statement on Form N-2 (File No. 333-191871) filed on February 24, 2014.
(7)Incorporated by reference to Exhibit (k)(1) to the Registrant’s Pre-Effective Amendment No. 2 to TriplePoint Venture Growth BDC Corp.’s registration statement on Form N-2 (File No. 333-191871) filed on February 24, 2014.
(8)Incorporated by reference to Exhibit (k)(2) to the Registrant’s Pre-Effective Amendment No. 2 to TriplePoint Venture Growth BDC Corp.’s registration statement on Form N-2 (File No. 333-191871) filed on February 24, 2014.
(9)Incorporated by reference to Exhibit (k)(3) to the Registrant’s Pre-Effective Amendment No. 1 to TriplePoint Venture Growth BDC Corp.’s registration statement on Form N-2 (File No. 333-191871) filed on January 22, 2014.
(10)Incorporated by reference to Exhibit (k)(9) to the Registrant’s Pre-Effective Amendment No. 3 to TriplePoint Venture Growth BDC Corp.’s registration statement on Form N-2 (File No. 333-191871) filed on March 3, 2014.
(11)Incorporated by reference to Exhibit (k)(10) to the Registrant’s Pre-Effective Amendment No. 3 to TriplePoint Venture Growth BDC Corp.’s registration statement on Form N-2 (File No. 333-191871) filed on March 3, 2014.
(12)Incorporated by reference to Exhibit 10.2 to the Registrant’s Form 8-K (File No. 814-01044) filed on October 26, 2017.
(13)Incorporated by reference to Exhibit 10.1 to the Registrant’s Form 8-K (File No. 814-01044) filed on March 19, 2020.
(14)Incorporated by reference to Exhibit 10.2 to the Registrant’s Form 8-K (File No. 814-01044) filed on March 1, 2021.
(15)Incorporated by reference to Exhibit 10.2 to the Registrant’s Form 8-K (File No. 814-01044) filed on March 1, 2022.
(16)Incorporated by reference to Exhibit 1.1 to the Registrant’s Current Report on Form 8-K (File No. 814-01044) filed on September 30, 2022.
(17)Incorporated by reference to Exhibit 10.1 to the Registrant’s Quarterly Report on Form 10-Q (File No. 814-01044) filed on August 6, 2025.
(18)Incorporated by reference to Exhibit 10.2 to the Registrant’s Quarterly Report on Form 10-Q (File No. 814-01044) filed on August 6, 2025.
(19)Incorporated by reference to Exhibit 97.1 to the Registrant’s Form 10-K (File No. 814-01044) filed on March 6, 2024.
(20)Incorporated by reference to Exhibit 1.1 to the Registrant’s Form 8-K (File No. 814-01044) filed on May 2, 2024.
(21)Incorporated by reference to Exhibit 10.1 to the Registrant’s Form 8-K (File No. 814-01044) filed on August 7, 2024.
(22)Incorporated by reference to Exhibit 10.1 to the Registrant’s Form 8-K (File No. 814-01044) filed on January 29, 2025.
(23)Incorporated by reference to Exhibit 99.1 to the Registrant’s Form 10-Q (File No. 814-01044) filed on November 5, 2025.
(24)Incorporated by reference to Exhibit 10.1 to the Registrant’s Form 8-K (File No. 814-01044) filed on December 1, 2025.
(25)Incorporated by reference to Exhibit 19.1 to the Registrant’s Form 10-K (File No. 814-01044) filed on March 5, 2025.
(26)Incorporated by reference to Exhibit 21.1 to the Registrant’s Form 10-K (File No. 814-01044) filed on March 5, 2025.
(27)Incorporated by reference to Exhibit 10.1 to the Registrant’s Form 8-K (File No. 814-01044) filed on March 2, 2026.
(*) Filed herewith.
(**) Furnished herewith.
(c)Financial Statement Schedules
No financial statement schedules are filed herewith because (1) such schedules are not required or (2) the information has been presented in the aforementioned financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.