Hercules Capital Amends Axovant Facility

Axovant Gene Therapies amended its loan and security agreement with Hercules Capital.

Hercules Capital Taps Bluestein as President/CEO

Hercules Capital has appointed Scott Bluestein as its chief executive officer and president, effective immediately.

Hercules Upsizes Antares Pharm Facility to $50MM

Antares Pharma amended its credit facility with Hercules Capital, to increase the available debt capital by $25 million for a term loan of up to $50 million.

Hercules Capital Promotes Jadot, Kuo to Leadership Roles

Hercules Capital promoted R. Bryan Jadot to head of Life Sciences Venture Lending and Steve Kuo to head of Technology Venture Lending.

Hercules Capital Amends Debt Facility for Tricida

Tricida has entered into an amendment to its existing debt facility with Hercules Capital. The amendment increases the total amount available under the debt facility to up to $200 million and extends the maturity of the loans thereunder. Tricida originally entered into a $100 million debt facility with Hercules Capital in February 2018.

Hercules Capital CEO Steps Down After Charge in College Admissions Scheme

Hercules Capital CEO Manuel Henriquez has voluntarily stepped aside as the firm’s chairman and CEO. According to Bloomberg, the news comes in the wake of Henriquez’s indictment by federal authorities because of his alleged involvement in the college admissions cheating scandal.

Gibraltar Closes $10MM Credit Facility for Specialty Chemical Company

Gibraltar Business Capital closed a $10 million credit facility for a sponsor-backed specialty chemical business located in the Southwest.

Hercules Named 2018 Specialty Finance Lender of the Year, Americas

Hercules Capital was named 2018 Specialty Finance Lender of the Year, Americas by Private Debt Investor magazine.

Hercules Capital Offers $100MM in Debt Financing to Urovant Sciences

Urovant Sciences entered into a debt financing agreement with Hercules Capital for up to $100 million.

Hercules Capital Appoints Myers CFO

Hercules Capital appointed Seth Meyer as CFO, effective March 4, 2019. Meyer will report directly to Manuel A. Henriquez, Hercules chairman and CEO.