The Adviser was formed in August 2013. The Adviser provides investment management services
to its advisory clients, which may include from time to time, without limitation, privately offered
investment funds, joint ventures, separately managed accounts, investment companies registered
under the U.S. Investment Company Act of 1940 (the “1940 Act”), closed-end management
investment companies electing to be treated as “business development companies” under the 1940
Act, other institutional clients and other types of funds and accounts. As of the date of this
Brochure, the Adviser provides investment management services on a discretionary basis to (i)
TriplePoint Venture Growth BDC Corp. (“TPVG”) and TriplePoint Private Venture Credit Inc.
(“TPVC” and together with TPVG, the “BDCs”), two closed-end management investment
companies that have elected to be regulated as business development companies under the 1940
Act and (ii) TriplePoint Venture Lending Fund, LLC a privately-offered investment vehicle (the
“Private Fund” and together with the BDCs, “Clients”).
The Adviser is a wholly-owned subsidiary of TriplePoint Capital LLC (“TriplePoint Capital”),
which is widely recognized as a leading global financing provider devoted to serving venture
capital-backed companies with creative, flexible and customized debt financing, equity capital and
complementary services throughout their lifespan. TriplePoint Capital invests on a proprietary
basis, through other investment funds and accounts, in companies or investments that are the same
or similar to those invested in by Clients.
Client assets are managed in accordance with the particular investment objectives,
strategies,
restrictions, and guidelines set forth in, as applicable, each Client’s investment advisory
agreement, investment management agreement, subscription agreement, limited liability company
agreement, limited partnership agreement, registration statement filed with the SEC, and any other
relevant agreements or organizational documents (“Governing Documents”). We do not
generally tailor our advisory services to the needs of individual investors, however, at the
establishment of a fund, specific investment criteria may be established for the fund in consultation
with prospective investors. Prior to investing in a Client, prospective investors should review
Client Governing Documents to confirm the suitability of an investment in a Client based on the
investor’s particular circumstances.
The Private Fund employs a “master-feeder” structure for regulatory, tax, or investment purposes.
Generally, a master-feeder structure vests trading operations in one or more “master” funds while
investors may typically access the master fund(s) only through one or more “feeder” funds. These
feeder funds, in turn, invest (directly or indirectly) in the master fund(s). Affiliates of the Adviser
serve as general partners of the feeder funds and a managing member of the master fund (the
“General Partners” or “Managing Member”); however, the investment management services
are performed by the Adviser pursuant to an investment management agreement by and between
the Adviser and the Private Fund.
As of December 31, 2023, the Adviser managed (i) approximately $1,564,900,000 of assets on a
discretionary basis and (ii) $0 of assets on a non-discretionary basis.