Triplepoint Venture Growth (NYSE:TPVG) Q4 2023 Earnings Conference March 6, 2024 5:00 PM ET

Company Participants

James Labe - Co-Founder, Chairman & CEO

Sajal Srivastava - Co-Founder, President, CIO, Secretary, Treasurer & Director

Christopher Mathieu - CFO

Conference Call Participants

Brian McKenna - Citizens JMP

Casey Alexander - Compass Point Research & Trading

Christopher Nolan - Ladenburg Thalmann & Co.

Paul Johnson - KBW

Operator

Good afternoon, ladies and gentlemen. Welcome to the Triplepoint Venture Growth BDC Corp. Fourth Quarter 2023 Earnings Conference Call. At this time, all lines have been placed in a listen-only mode. After the speaker's remarks, there will be an opportunity to ask questions and instructions will follow at that time. This conference is being recorded and a replay of the call will be available in an audio webcast on the Triplepoint Venture Growth website.

Company management is pleased to share with you the company's results for the fourth quarter and full fiscal year of 2023. Today, representing the company is Jim Lebe, Chief Executive Officer and Chairman of the Board; Sajal Srivastava, President and Chief Investment Officer; and Chris Mathieu, Chief Financial Officer.

Before I turn the call over to Mr. Lebe, I'd like to direct your attention to the customary safe harbor disclosure in the company's press release regarding forward-looking statements and remind you that during this call, management will make certain statements that relate to future events or the company's future performance or financial condition, which are considered forward-looking statements under Federal Securities Law. You are asked to refer to the company's most recent filings with the Securities and Exchange Commission for important factors that could cause actual results to differ materially from these statements. The company does not undertake any obligation to update any forward-looking statements or projections unless required by law. Investors are cautioned not to place undue reliance on any forward-looking statements made during the call, which reflect management's opinions only as of today. To obtain copies of our latest SEC filings, please visit the company's website at www.tpvg.com.

Now I'd like to turn the conference over to Mr. Lebe. Please go ahead.

James Labe

Thanks. Good afternoon, everyone, and welcome to TPVG's fourth quarter earnings call. As expected, venture capital markets continued to be challenging during the fourth quarter. Consistent to what we have seen and been talking about over the last year, the venture industry continues to be affected by macroeconomic uncertainties, restrictive monetary policies, inflationary supply chain issues, public versus private market valuation disconnects, a changing investment landscape, geopolitical and other issues.