Trinity Capital’s Desert Star JV Has $500 Million in Potential Capacity

Trinity Capital Inc.’s managed funds and joint ventures have nearly $1 billion in combined capacity. Its Desert Star joint venture with Capital Southwest has $500 million in potential capacity and is Trinity’s second venture with the company.

The managed funds platform contributed $0.05 per share to net investment income in the third quarter. Trinity’s net investment income rose 34.9% from a year earlier to $49.9 million, as detailed in its third-quarter results.