2755 Sand Hill RoadSuite 150Menlo ParkCaliforniaFALSE000158034512/13/202400015803452024-12-132024-12-13



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 13, 2024

TriplePoint Venture Growth BDC Corp.
(Exact name of registrant as specified in its charter)

Maryland814-0104446-3082016
(State or other jurisdiction
of incorporation)		(Commission
File Number)		(IRS Employer
Identification No.)
TriplePoint Venture Growth BDC Corp.
2755 Sand Hill Road, Suite 150
Menlo Park, California
94025
(Address of principal executive offices)(Zip Code)
(650) 854-2090
(Registrant’s telephone number, including area code)
n/a
(Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Exchange Act:
Title of each class
Trading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareTPVGNew York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨



Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 13, 2024, the Board of Directors (the “Board”) of TriplePoint Venture Growth BDC Corp. (the “Company”) appointed Mike L. Wilhelms to serve as Chief Financial Officer of the Company, effective as of January 6, 2025, on which date he will replace Matthew A. Galiani, the Company’s current interim Chief Financial Officer.
Mr. Wilhelms, 55, will also serve as the Chief Financial Officer of TriplePoint Private Venture Credit Inc., a business development company, TriplePoint Capital LLC and TriplePoint Advisers LLC, effective as of January 6, 2025. Mr. Wilhelms has served since December 2021 as the Chief Financial Officer 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. From January 2020 until its sale to Regions Bank in December 2021, Mr. Wilhelms also served as the Chief Financial Officer of Sabal Capital Partners, LLC, a commercial real estate lending platform that maintained a servicing portfolio of nearly $5 billion. 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 Chief Financial Officer of the company’s first public fund, Crescent Capital BDC, Inc., from April 2015 to December 2019. Mr. Wilhelms was also the Chief Financial Officer of Triad Financial Corporation, and started his career at KPMG in 1993 in the assurance practice, specializing in financial services. Mr. Wilhelms received a B.A. in Business Economics from the University of California Santa Barbara and is a Certified Public Accountant (CPA) (inactive).
The Company will not pay cash compensation or provide other benefits directly to Mr. Wilhelms. Mr. Wilhelms will be an employee of TriplePoint Capital LLC, the indirect sole owner of the Company’s administrator, TriplePoint Administrator LLC (the “Administrator”), which is compensated for the services it provides to the Company pursuant to the terms of the administration agreement between the Company and the Administrator (the “Administration Agreement”). Pursuant to the Administration Agreement, the Company makes payments equal to its allocable portion of the Administrator’s overhead and other expenses associated with performing its obligations under the Administration Agreement, which will include, but not be limited to, the Company’s allocable portion of the costs of compensation of Mr. Wilhelms.
Mr. Wilhelms: (i) was not appointed as the Company’s Chief Financial Officer pursuant to any arrangement or understanding with any other person; (ii) does not have a family relationship with any of the Company’s directors or other executive officers; and (iii) other than as disclosed herein, has not engaged, since the beginning of the Company’s last fiscal year, nor currently proposes to engage, in any transaction in which the Company was or is a participant.
Item 7.01    Regulation FD Disclosure.
On December 18, 2024, the Company issued a press release announcing the appointment of Mr. Wilhelms as the Company’s Chief Financial Officer. A copy of the press release is furnished herewith as Exhibit 99.1.
The information in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01    Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.Description
99.1 
104 Cover Page Interactive Data File (formatted as Inline XBRL)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TriplePoint Venture Growth BDC Corp.
By:/s/ James P. Labe
Name:James P. Labe
Title:Chief Executive Officer
Date: December 18, 2024

Exhibit 99.1
tpvglogoernov.jpg
TriplePoint Venture Growth BDC Corp. Names Mike L. Wilhelms
as Chief Financial Officer
Menlo Park, Calif., December 18, 2024 - 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.
INVESTOR RELATIONS AND MEDIA CONTACT
The IGB Group
Leon Berman
212-477-8438
lberman@igbir.com

v3.24.4
Cover
Dec. 13, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Dec. 13, 2024
Entity Registrant Name TriplePoint Venture Growth BDC Corp.
Entity Incorporation, State or Country Code MD
Securities Act File Number 814-01044
Entity Tax Identification Number 46-3082016
Entity Address, Address Line One 2755 Sand Hill Road
Entity Address, Address Line Two Suite 150
Entity Address, City or Town Menlo Park
Entity Address, State or Province CA
Amendment Flag false
Entity Central Index Key 0001580345
Entity Address, Postal Zip Code 94025
City Area Code 650
Local Phone Number 854-2090
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, par value $0.01 per share
Trading Symbol TPVG
Security Exchange Name NYSE
Entity Emerging Growth Company false
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