Hercules Capital, a specialty financing provider to venture, growth and established stage companies backed by venture capital and select private equity firms, has originated more than $1 billion year-to-date in annual total debt and equity commitments for the fourth consecutive year.
“We could not be more pleased to achieve this milestone, which is a testament to the strength, scale and brand reputation of the Hercules platform,” Scott Bluestein, CEO and CIO of Hercules Capital, said. “Given that we are only slightly past the mid-point of the year, we are well positioned to surpass our previous one-year record for total annual total debt and equity commitments of $1.47 billion. We saw strong performance from both our technology and life sciences teams in the first half of the year, which is contributing to our record year-to-date performance on originations. Our ability to deliver this level of performance on an ongoing basis is attributable to our best-in-class investment team, who are able to identify some of the most innovative and promising companies in our core markets.”
Select Company Achievements Since December 2003
- More than 530 portfolio companies have chosen Hercules Capital as their debt financing partner.
- Hercules Capital has partnered with more than 1,000 different venture capital and private equity sponsors.
- More than 200 Hercules Capital portfolio companies have experienced an IPO or M&A liquidity event
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