TriplePoint Venture Growth BDC Corp. Names Mike L. Wilhelms as Chief Financial Officer
December 18 2024 - 4:15PM
Business Wire
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
technology and other high growth industries, today announced the
appointment of Mike L. Wilhelms as Chief Financial Officer (CFO) of
the Company, effective as of January 6, 2025. Mr. Wilhelms will
also serve as CFO of TriplePoint Capital LLC (TPC), TPVG’s sponsor,
and as CFO of TriplePoint Private Venture Credit Inc., TriplePoint
Venture Lending Fund, LLC, TriplePoint Financial LLC and
TriplePoint Advisers LLC. He will be based in Menlo Park,
California.
Mr. Wilhelms brings more than 30 years of financial leadership
and private credit experience to the TriplePoint platform, working
with public and private companies across the business development
company (“BDC”), asset management, specialty finance and public
accounting sectors. Mr. Wilhelms has served since December 2021 as
the CFO of Sabal Capital Holding Company, LLC, the holding company
for Sabal Investment Advisors, LLC, an SEC-registered investment
adviser that provides investment management services to
institutional investors focused on debt and equity investments. Mr.
Wilhelms also served as the CFO of Sabal Capital Partners, LLC, a
commercial real estate lending platform that maintained a servicing
portfolio of nearly $5 billion, prior to its sale to Regions Bank
in December 2021.
Prior to Sabal, Mr. Wilhelms was at Crescent Capital Group LP, a
middle-market lending platform and SEC-registered investment
adviser. While at Crescent Capital Group LP, he served as CFO of
the company’s first public fund, Crescent Capital BDC, Inc. as well
as CFO of publicly-listed Crescent Acquisition Corp. Mr. Wilhelms
also served in other executive and financial roles during his
career, including CFO of Triad Financial Corporation and as an
audit manager at KPMG. Mr. Wilhelms received a B.A. in Business
Economics from the University of California Santa Barbara and is a
Certified Public Accountant (CPA) (inactive).
“We are excited to welcome a seasoned executive of Mike’s
caliber to our senior team of experienced and dedicated
professionals,” said Jim Labe, chairman and chief executive officer
of TPVG. “His diverse and extensive financial leadership and
private credit experience, as well as a proven track record driving
strong results at public and private BDCs and asset management
companies further bolsters TriplePoint’s leading platform and its
long-term growth plans.”
“Over the past two decades, TriplePoint has established a
differentiated venture lending platform and I am honored to join as
its CFO,” said Mike L. Wilhelms. “This is an exciting time for
TriplePoint and I look forward to working alongside the talented
team to position the company for the future.”
ABOUT TRIPLEPOINT VENTURE GROWTH BDC CORP.
TriplePoint Venture Growth BDC Corp. is an externally-managed
business development company focused on providing customized debt
financing with warrants and direct equity investments to venture
growth stage companies in technology and other high growth
industries backed by a select group of venture capital firms. The
Company’s sponsor, TriplePoint Capital, is a Sand Hill Road-based
global investment platform which provides customized debt
financing, leasing, direct equity investments and other
complementary solutions to venture capital-backed companies in
technology and other high growth industries at every stage of their
development with unparalleled levels of creativity, flexibility and
service. For more information about TriplePoint Venture Growth BDC
Corp., visit https://www.tpvg.com. For more information about
TriplePoint Capital, visit https://www.triplepointcapital.com.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release constitute
forward-looking statements. Forward-looking statements are not
guarantees of future events, 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 events, performance,
conditions or 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/20241218083685/en/
INVESTOR RELATIONS AND MEDIA CONTACT
The IGB Group Leon Berman 212-477-8438 lberman@igbir.com
TriplePoint Venture Grow... (NYSE:TPVG)
Historical Stock Chart
From Nov 2024 to Dec 2024
TriplePoint Venture Grow... (NYSE:TPVG)
Historical Stock Chart
From Dec 2023 to Dec 2024