Daily News: January 16, 2019

Hercules Capital Appoints Foster to Board of Directors


Hercules Capital appointed Carol L. Foster to serve as a member of its board of directors, effective January 11, 2019. Foster is a seasoned financial executive with more than 30 years of investment banking and operational financial management experience.

“As Hercules continues to grow and expand its platform, we remain steadfast to ensuring our board also reflects our commitment to seeking highly qualified, experienced and diverse board members,” said Manuel A. Henriquez, Hercules chairman and CEO. “With Carol’s appointment, we have accomplished both of our objectives, adding a highly experienced executive and enhancing the diversity of our board with her wealth of financial operating and investment experience. We are pleased to welcome Carol to our board and look forward to her contributions.”

Foster currently serves as chief operating officer and chief financial officer at SharesPost, a provider of liquidity solutions to late-stage, private growth tech companies. Prior to joining SharesPost, she was CFO of PENSCO, a custodian of $15 billion in alternative assets. Foster has also been an executive team member in leading investment banking and asset management firms and held positions at Pantheon Ventures, Calera Capital, Merrill Lynch, Goldman Sachs and Accenture.

Hercules Capital is a specialty finance company focused on providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies in a broad variety of technology, life sciences and sustainable and renewable technology industries.