PHOENIX – April 9, 2025 – Trinity Capital Inc. (Nasdaq: TRIN) (the “Company”), a leading alternative asset manager, today announced a portfolio update for the first quarter of 2025. Trinity Capital funded $220 million of total investments and originated $186 million of new commitments in the first quarter of 2025.
First quarter 2025 investment highlights:
- Investments funded totaled approximately $220 million, which was comprised of $148 million in secured loans, $71 million in equipment financings, and $1 million in warrant and equity investments.
- Trinity Capital originated approximately $186 million of new commitments, which was comprised of $174 million in secured loans, $11 million in equipment financings, and $1 million in equity investments.
- The Company funded approximately $95 million to six new portfolio companies and $125 million to 19 existing portfolio companies.
- Proceeds received from repayments and exits of the Company’s investments totaled approximately $157 million, which included $78 million from scheduled/amortizing debt payments, $44 million from early debt repayments and $35 million from investments sold primarily to multi-sector holdings.
Trinity Capital will release its complete first quarter 2025 financial results on Wednesday, May 7, 2025, and will discuss its financial results on a conference call the same day at 12:00 p.m. ET.
To listen to the call, please dial (800) 267-6316 or (203) 518-9783 internationally and reference Conference ID: TRINQ125 if asked, approximately 10 minutes prior to the start of the call. A live webcast of the first quarter 2025 financial results conference call will also be available on the Investor Relations section of the Company’s website at ir.trinitycapital.com. A replay will be available on the Company’s website for 90 days following the conference call.