Investor Presentaiton
TriplePoint Venture Growth BDC Corp. Overview
ALIGNED WITH PUBLIC SHAREHOLDERS
1.75% management fee
SHAREHOLDER FRIENDLY" 8% annualized hurdle rate for income incentive fee
FEE STRUCTURE
Total return requirement whereby incentive fees are capped at 20% of
cumulative net increase in net assets resulting from operations since our IPO
date
NON-DILUTIVE
EQUITY OFFERINGS
DISCIPLINE IN
MANAGING CAPITAL
All equity offerings have been at or above net asset value
Have not requested shareholder approval to raise equity below NAV
Adviser has paid more than $14 million of offering expenses since inception
Raised $94.6 million of net proceeds from the issuance of common stock in a
public offering and private placement in August 2018 at $13.70 per share
Sold $22 million of stock to funds managed by Goldman Sachs Asset
Management, LP in a PIPE transaction in October 2017 at $13.54 per share
Repurchased $11 million of stock (1) in 2015 and 2016 at a weighted average price
of $11.48 per share
(1) Including commissions
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