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TPVG- Might Be Buy Time?

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NYSE:TPVG   TriplePoint Venture Growth BDC Corp
TriplePoint Venture Growth BDC Corp. Announces $22 Million Investment From Investment Funds Managed By Goldman Sachs Asset Management, L.P. in a Private Placement Offering. Purchased 1,594,007 shares of TPVG’s common stock in a private placement transaction at a purchase price of $13.54 per share, resulting in approximately $21.6 million of net proceeds.

Both insider buy trading & above happened this week, would strongly look at both call options and/or buy stock in this company, in my opinion. Please check if this stock would fit your investment plans.


TriplePoint Venture Growth BDC Corp. is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company. The Company's investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by primarily lending with warrants to venture growth stage companies focused in technology, life sciences and other high growth industries, which are backed by TriplePoint Capital LLC's ( TPC ) venture capital investors. The Company offers a range of customized secured financing products that includes a combination of an initial facility fee, interest and principal payments, end-of-term payments and warrant and/or equity sale proceeds. The Company is externally managed by TPVG Advisers LLC (the Adviser), a wholly owned subsidiary of TPC .
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