Trinity Capital Inc., an alternative asset manager, announced an increase to $690 million of total commitments under its credit facility led by KeyBank N.A.

The credit facility was expanded under the existing accordion feature by $90 million, bringing total commitments from $600 million to $690 million. A diversified syndicate of 13 bank participants makes up the credit facility.

"We greatly value the continued partnership and confidence shown by our 13 banking partners," said Michael Testa, Trinity's Chief Financial Officer. "This increase in our credit facility provides meaningful liquidity to help drive the future growth of our platform."