Venture Capital
TriplePoint Venture Growth (NYSE:TPVG) released its third quarter earnings results and the company exceeded expectations by a hefty margin. The company is flourishing in a growing interest rate environment and the net interest income is on the rise. TPVG will benefit from the further rise of interest rates in the next couple of quarters. The management announced a dividend increase and the stock is now even more attractive for income investors than before. TriplePoint Venture Growth is a business development company specializing in investments in venture capital-backed companies at the growth stage investments.