TPVG - BDC Weekly Review: Q4 Results Wrap-Up

2024-03-22 23:03:29 ET

Summary

• We take a look at the action in business development companies through the third week of March and highlight some of the key themes we are watching.
• BDCs finished flat on the week, outperforming other income sectors amid falling equity prices and Treasuries due to higher than expected inflation.
• Q4 results for BDCs were strong, with the average total NAV return around 2.5% and net investment income increasing from Q3.
• TriplePoint Venture Growth has underperformed hugely.

Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market....

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