TriplePoint Venture Growth BDC Corp. Names Christopher M. Mathieu As Chief Financial Officer
August 15 2019 - 4:15PM
Business Wire
Expands New York City Presence
TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the
“Company,” or "TPVG"), the leading financing provider to venture
growth stage companies backed by a select group of venture capital
firms in the technology, life sciences and other high growth
industries, today announced the appointment of Christopher M.
Mathieu as Chief Financial Officer, effective as of August 26,
2019. Mr. Mathieu also serves as Chief Financial Officer of
TriplePoint Capital LLC, TPVG’s sponsor. In conjunction with the
appointment, the Company also announced strategic expansion plans
for its New York City office.
“We are excited to welcome a veteran of both the venture lending
and BDC industries,” said Jim Labe, chief executive officer and
chairman of the board of TPVG. “We look forward to his
contributions to the TriplePoint Capital global investment
platform.”
“Chris joins us as we continue to expand TriplePoint Capital’s
presence in New York City to support the strong market demand for
venture lending,” said Sajal Srivastava, president and chief
investment officer of TPVG. “TriplePoint Capital has committed more
than $1 billion to over 70 companies in the New York and
Mid-Atlantic market and we look forward to expanding our team and
investment activity in the region.”
“I am excited to join the TriplePoint team with its industry
leading position, exceptional reputation, impressive track record,
and strong outlook for near-term growth,” said Mr. Mathieu.
Prior to joining the Company and TriplePoint Capital, Mr.
Mathieu was a Special Advisor at iCapital Network, Inc., a
financial technology platform. From 2016 to 2018, Mr. Mathieu
served as Chief Financial Officer, Treasurer and Secretary of a
public-reporting business development company and a closed-end
interval fund, and as Managing Director of the alternative asset
management firm sponsoring those companies. Prior to that, Mr.
Mathieu served as Senior Vice President, Chief Financial Officer
and Treasurer of a publicly traded business development company in
the venture lending industry and its predecessor funds for more
than 10 years. Mr. Mathieu has also served as an Audit Manager with
KPMG Peat Marwick. Mr. Mathieu is a Certified Public Accountant and
received a B.S. in Business Administration in Accounting from
Western New England College.
ABOUT TRIPLEPOINT VENTURE GROWTH BDC CORP.
The Company was formed to
expand the venture growth stage business segment of TriplePoint
Capital LLC, the leading global provider of financing across all
stages of development to technology, life sciences and other high
growth companies backed by a select group of venture capital firms.
The Company’s investment objective is to maximize its total return
to stockholders primarily in the form of current income and, to a
lesser extent, capital appreciation by lending primarily with
warrants to venture growth stage companies. The Company is an
externally managed, closed-end, non-diversified management
investment company that has elected to be regulated as a business
development company under the Investment Company Act of 1940, as
amended. More information is available at
http://www.tpvg.com.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release constitute
forward-looking statements. Forward-looking statements are not
guarantees of future 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 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190815005583/en/
INVESTOR RELATIONS AND MEDIA CONTACT Abernathy MacGregor
Group Alan Oshiki / Sheila Ennis 212-371-5999 / 415-745-3294
aho@abmac.com / sbe@abmac.com
TriplePoint Venture Grow... (NYSE:TPVG)
Historical Stock Chart
From Mar 2024 to Apr 2024
TriplePoint Venture Grow... (NYSE:TPVG)
Historical Stock Chart
From Apr 2023 to Apr 2024