Appoints Craig Fox
to Lead New Venture
PHOENIX, May 22, 2024
/PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or
the "Company"), a leading provider of diversified financial
solutions to growth-oriented companies, today announced its
strategic expansion into Europe
with the appointment of London-based Craig
Fox as Managing Director. This initiative aligns with the
Company's long-term vision of supporting high-growth companies
globally.
By establishing a dedicated European team, Trinity aims to
capitalize on the growing momentum and venture capital activity in
the region, further enhancing value for its shareholders.
"We are incredibly excited about our expansion into Europe," said Kyle
Brown, Chief Executive Officer of Trinity. "This initiative
allows us to tap into a vibrant tech landscape and provide tailored
support and capital to innovative companies across the region,
driving growth of our platform and delivering significant benefits
to TRIN shareholders. Craig's experience and leadership will be
instrumental in building and growing our European operations."
Mr. Fox joins Trinity Capital from HSBC Innovation Banking
(formerly SVB UK) where he was a Managing Director & Head of
Fintech, providing financing and banking services to venture
capital-backed companies in the technology and life sciences
sectors. Mr. Fox started his career in the Minneapolis-based audit practice of Deloitte
before joining Silicon Valley Bank.
"As the first hire for Trinity's expansion into Europe, I am thrilled to join a company with a
proven track record of providing innovative lending solutions.
Having spent the last nine years in this market, I can confidently
say that there's never been a more exciting time to be part of the
tech ecosystem," said Mr. Fox. "Trinity's entry into the market
will introduce a new pool of capital focused on venture lending,
equipment financing, warehouse lending, and sponsor finance. This
will benefit growth-stage European companies across multiple
industries."
About Trinity Capital Inc.
Trinity Capital
Inc. (Nasdaq: TRIN), an internally managed business
development company, is a leading provider of diversified financial
solutions to growth-stage companies with institutional equity
investors. Trinity Capital's investment objective is to
generate current income and, to a lesser extent, capital
appreciation through investments, including term loans and
equipment financings and equity-related investments. Trinity
Capital believes it is one of only a select group of specialty
lenders that has the depth of knowledge, experience and track
record in lending to growth stage companies. For more information,
please visit the Company's website at www.trinitycap.com.
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SOURCE Trinity Capital Inc.