Trinity Capital announced its financial results for the third quarter ended Sept. 30, 2024.

For the three months ended Sept. 30, 2024, total investment income was $61.8 million, compared with $46.4 million for the quarter ended Sept. 30, 2023. The company reported record net investment income of $29.4 million, or $0.54 per basic share.

“Trinity’s record third-quarter performance is a testament to our team’s focus on disciplined underwriting and proactive portfolio management,” said Kyle Brown, Chief Executive Officer of Trinity. “As an alternative asset manager focused on direct lending to growth-oriented companies, our robust systems and processes, combined with the continued growth across our five distinct business verticals, positions us to consistently deliver long-term value for our investors.”

As of Sept. 30, 2024, Trinity's investment portfolio had an aggregate fair value of roughly $1.687 billion and was comprised of approximately $1.27 billion in secured loans, $305.1 million in equipment financings, and $112.1 million in equity and warrants, across 145 portfolio companies.