TriplePoint Venture Growth BDC: CIO Appointed; President to Resign

What Happened
TriplePoint Venture Growth BDC Corp. filed an 8‑K reporting that Sajal K. Srivastava notified the company on September 15, 2026 that he will resign as a director and as President and Chief Investment Officer effective at the close of business on December 31, 2026. To ensure an orderly handover, Mr. Srivastava will continue in his roles through that date. On September 18, 2026 the Board—following a recommendation from its Nominating and Corporate Governance Committee—reduced the Board size from eight to seven effective December 31, 2026 and appointed Ian Schworer as Chief Investment Officer effective the close of business on December 31, 2026. The company furnished a press release about the transition on September 21, 2026.

Key Details

• Sajal K. Srivastava submitted his resignation notice on September 15, 2026 with an effective date of December 31, 2026; resignation not due to any disagreement with the company.
• Ian Schworer (age 45) was appointed CIO on September 18, 2026, also to take CIO roles at affiliated entities (TriplePoint Private Venture Credit Inc., TriplePoint Capital LLC, and TriplePoint Advisers LLC) effective December 31, 2026.
• Mr. Schworer has worked at TriplePoint Capital LLC since 2014, currently serves as Chief Credit Officer, U.S., has over 20 years of experience (investment banking, consulting, engineering), and holds an MBA (UC Berkeley Haas) plus engineering degrees from Virginia Tech.
• The Company will not pay cash compensation or other benefits directly to Mr. Schworer; he is an employee of TriplePoint Capital LLC, the owner of the adviser/administrator.

Why It Matters
This is a leadership change in the firm’s investment function—material for investors because the CIO role drives investment decisions and portfolio management. The filing shows a planned, internal transition with continuity (internal appointment from the adviser group and an overlap/transition period through December 31, 2026), and discloses that the new CIO is an employee of the adviser/administrator owner (so any compensation flows through that affiliate rather than directly from the BDC). Investors should note the effective date (Dec 31, 2026) and monitor future filings or press releases for any changes to investment strategy, governance, or related-party arrangements.