8-KAccepted Sep 21, 2:26 PM ET
TriplePoint Private Venture Credit Inc. CIO Resignation and Appointment
Accepted (ET)
2:26 PM
Sep 21, 2026
Filed
Sep 21, 2026
Documents
11
Size
149.0 KB
Summary
TriplePoint Private Venture Credit Inc. CIO Resignation and Appointment
What Happened
- TriplePoint Private Venture Credit Inc. filed an 8-K on Sept. 21, 2026 reporting that Sajal K. Srivastava notified the company on Sept. 15, 2026 that he will resign as a director and as President and Chief Investment Officer effective at the close of business on Dec. 31, 2026. The filing states his resignation is not due to any disagreement with the company and he will remain in his roles through the transition.
- On Sept. 18, 2026 the Board, on the recommendation of its Nominating and Corporate Governance Committee, reduced the Board size from five members to four effective Dec. 31, 2026, and appointed Ian Schworer (age 45) to serve as Chief Investment Officer effective Dec. 31, 2026.
Key Details
- Resignation notice date: Sept. 15, 2026; effective date: Dec. 31, 2026.
- Board size change: decreased from five to four members, effective Dec. 31, 2026.
- New CIO Ian Schworer has worked at TriplePoint Capital LLC (TPC) since 2014; currently Chief Credit Officer, U.S., and will also serve as CIO of TriplePoint Venture Growth BDC Corp., TPC and TriplePoint Advisers LLC as of Dec. 31, 2026.
- The company will not pay cash compensation or provide other benefits directly to Mr. Schworer; he is an employee of TPC, the owner of the company’s investment adviser and administrator.
Why It Matters
- This filing documents a planned leadership change in investment oversight: the President and Chief Investment Officer will step down at year-end while remaining through a transition, and the company has named an internal candidate with significant TriplePoint Capital experience as successor.
- Investors should note the timing (effective Dec. 31, 2026), the Board reduction, and that the incoming CIO is an employee of the adviser/administrator owner (TPC) and will not receive direct compensation from the company—facts that relate to governance and the management of the company’s investment functions.