Trinity Capital Reports Q3 Originations of $880 Million
Trinity Capital (TRIN) reported third-quarter originations totaling $880 million, bringing its projected total for the year to $2 billion. The business development company funded $614 million in gross investments during the quarter across 39 portfolio companies. These included secured loans of $378 million, equipment financings of $159 million, and equity or warrant investments totaling $77 million. The firm also realized $495 million in repayments and exits during Q3, indicating strong performance from its existing portfolio. The increase in originations reflects Trinity Capital's continued focus on expanding its investment activities while managing a robust exit strategy to generate returns for investors.
Tickers: $TRIN
Topics: Investment activity Portfolio updates Q3 performance