TriplePoint Global Venture Credit, LLC

CIK 0001792509TriplePoint

TriplePoint Global Venture Credit, LLC is a non-traded business development company advised by TriplePoint. With $397 million in total assets, it is one of the smaller funds in the coverage universe. The portfolio is concentrated in direct lending, with 100% in first-lien senior secured loans and 82% floating-rate, at a weighted-average spread of 374 bps over the base rate.

NAV/Share

$10.44

AUM

$397.1M

Positions

465

Strategy

Private Credit

Wtd. Avg. Coupon

5.5%

89% coverage

Wtd. Avg. Spread

4 bps

Wtd. Avg. Maturity

2.2 yrs

77% coverage

Top 10 Concentration

23.0%

Instrument type

Share of portfolio fair value

First Lien

79%

of fair value

First Lien Senior Loans79.0%

Equity18.5%

Fund Vehicles0.1%

Cash & Equivalents2.3%

Other0.1%

Industry exposure

Share of holdings fair value

Top 5

99%

of holdings

Utilities1.7%

Materials0.9%

Industrials0.7%

Communication Services0.5%

Consumer Discretionary0.4%

Information Technology0.3%

Health Care0.1%

Unknown95.5%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

16.5%