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- Departure of CEO (new) — The company's President and Chief Investment Officer is resigning from both his executive role and board seat, effective December 31, 2026.
TriplePoint Venture Growth President/CIO Sajal Srivastava to resign; Ian Schworer named CIO
Filed September 21, 2026 · Period ending September 15, 2026 · ~1 min read
Key Changes
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Sajal Srivastava will resign as President, Chief Investment Officer, and board member effective December 31, 2026, remaining through the transition period.
Item 5.02 verify on EDGAR → -
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Ian Schworer, 45, currently Chief Credit Officer at TriplePoint Capital, will become Chief Investment Officer effective December 31, 2026.
Item 5.02 verify on EDGAR → -
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Jim Labe, co-founder and co-CEO of TriplePoint Capital, will become sole CEO at year-end 2026.
Exhibit 99.1 view on EDGAR → -
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The board will shrink from eight to seven members effective December 31, 2026, consistent with Srivastava's departure.
Item 5.02 verify on EDGAR → -
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Schworer will not receive direct cash compensation or benefits from TPVG; he is an employee of TriplePoint Capital LLC.
Item 5.02 verify on EDGAR →
Summary
TriplePoint Venture Growth BDC Corp. disclosed that Sajal Srivastava, its President and Chief Investment Officer, will resign from his executive role and board seat effective December 31, 2026. The filing states the resignation is not due to any disagreement with the company, and Srivastava will remain through the transition period to support an orderly handover.
Ian Schworer, a 12-year TriplePoint veteran currently serving as Chief Credit Officer, will become Chief Investment Officer at year-end. Jim Labe, co-founder and co-CEO of TriplePoint Capital, will become sole CEO of the investment platform.
The departure of a co-founder and senior investment leader is a notable governance event for a BDC, where continuity of investment strategy and credit oversight is central to performance. Schworer's appointment provides a clear successor with deep experience in venture lending and credit underwriting, and the company emphasizes his 20-year career across venture capital, investment banking, and engineering. The board will also reduce its size from eight to seven members, consistent with Srivastava's exit. For retail holders, the key question is whether the transition disrupts the investment process or signals strategic change. The filing offers no indication of disagreement or strategy shift, and the company highlights over $15 billion in commitments and more than 50 financing transactions in the first half of 2026 as evidence of platform momentum. Investors should watch for any further leadership changes or shifts in investment approach as Schworer assumes the CIO role.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
TPVG's President/CIO Sajal Srivastava resigns effective Dec 31, 2026; Ian Schworer appointed CIO.
Added in current filing · verify on EDGAR →
Sajal K. Srivastava notified TriplePoint Venture Growth BDC Corp. (the “Company”) of his intention to resign from his positions as (1) a member of the Company’s Board of Directors (the “Board”) and (2) President and Chief Investment Officer of the Company, in each case effective as of the close of business on December 31, 2026.
Sajal K. Srivastava will step down as President, Chief Investment Officer, and board member at year-end 2026. He will remain in his current roles through the transition period to support an orderly handover. The filing states his resignation is not due to any disagreement with the company.
Added in current filing · verify on EDGAR →
the Board appointed Ian Schworer to serve as Chief Investment Officer of the Company, effective as of the close of business on December 31, 2026.
Ian Schworer, 45, will become Chief Investment Officer effective December 31, 2026. He has worked at TriplePoint Capital LLC since 2014 and currently serves as Chief Credit Officer, U.S., overseeing all U.S. Investment and Credit Underwriting functions. He has over 20 years of experience in venture capital, investment banking, management consulting, and engineering.
Added in current filing · verify on EDGAR →
The Company will not pay cash compensation or provide other benefits directly to Mr. Schworer. Mr. Schworer is an employee of TPC, the direct sole owner of the Company’s investment adviser and the indirect sole owner of the Company’s administrator.
The new CIO will not receive direct cash compensation or benefits from TPVG. He is an employee of TriplePoint Capital LLC, which owns the company's investment adviser and administrator, so his compensation is handled at that level rather than by the BDC directly.
Event · Item 7.01 — Regulation FD Disclosure
TPVG announced a management transition via press release furnished as Exhibit 99.1.
Added in current filing · verify on EDGAR →
On September 21, 2026, the Company issued a press release announcing the above management transition.
The 8-K discloses that the company issued a press release announcing a management transition. The specific details of the transition are contained in Exhibit 99.1, which is furnished but not filed.
Event · Exhibit 99.1
TPVG announces co-CEO Sajal Srivastava will leave at year-end 2026, with Jim Labe becoming sole CEO and Ian Schworer named CIO.
Added in current filing · view on EDGAR →
Sajal Srivastava, Co-Founder and Co-CEO of TriplePoint Capital will leave the company, effective as of the close of business on December 31, 2026
Sajal Srivastava, co-founder and co-CEO of TriplePoint Capital, will leave the company effective December 31, 2026. He will also step down from his roles as President and Chief Investment Officer of TPVG and TPVC at that time, but will remain a director on both boards until the close of business on December 31, 2026.
Added in current filing · view on EDGAR →
Ian Schworer has been appointed to serve as the Chief Investment Officer of TPVG and TPVC, effective as of close of business on December 31, 2026
Ian Schworer, a 12-year TriplePoint veteran and most recently Chief Credit Officer, will become Chief Investment Officer of TPVG and TPVC effective December 31, 2026. He has a 20-year career spanning venture lending, investment banking, management consulting, and engineering.
Added in current filing · view on EDGAR →
Building on its more than $15 billion of commitments since inception, TriplePoint closed more than 50 debt financing and equity financing and equity investment transactions in the first half of 2026.
The press release highlights the platform's scale — over $15 billion in commitments to more than 1,000 companies since inception — and notes more than 50 financing transactions closed in the first half of 2026, ranging from $10 million to $150 million. This provides context on the business being handed over to the new leadership.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 22, 2026 · How we verify