Trinity Capital announced a record-breaking year with $1.2 billion in total funding for 2024, fueled by $297 million of investments in the fourth quarter.
Trinity Capital, a leading alternative asset manager, also originated $411 million in investments in the fourth quarter, contributing to $1.6 billion in total new commitments for the year, according to the lender’s Jan. 13 earnings release.
Q4 highlights:
- $297 million funded, including $190 million in secured loans, $96 million in equipment financings, and $11 million in warrant/equity investments.
- $411 million in new commitments, comprising $231 million in secured loans, $173 million in equipment financings, and $7 million in equity investments.
- $281 million in repayments and exits, with $130 million from early debt repayments.
2024 full-year highlights:
- $1.2 billion in investments funded, including $887 million in secured loans, $304 million in equipment financings, and $38 million in warrant/equity investments.
- $1.6 billion in new commitments, consisting of $1.1 billion in secured loans and $499 million in equipment financings.
- $808 million in proceeds from repayments and exits, with $314 million from early debt repayments.
CEO Kyle Brown praised the team’s exceptional performance, attributing the success to Trinity’s unique business model and value-driven approach for investors and partners, according to the release. Headquartered in Phoenix, Trinity Capital specializes in private credit markets, offering growth capital to innovative companies while providing stable returns to investors.
