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Hercules Capital surpasses USD2.0bn in annual gross debt and equity commitments

Hercules Capital, a specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, together with external funds managed by its adviser subsidiary, has originated more than a record USD2.0 billion year-to-date in annual total gross debt and equity commitments, breaking its previous one-year record of USD1.47 billion.

“Having just achieved record quarterly commitments in Q3 2021, our industry-leading venture and growth stage lending platform continues at its unprecedented pace and has now passed the USD2 billion mark in annual gross debt and equity commitments for the first time in our history,” says Scott Bluestein, chief executive officer and chief investment officer of Hercules Capital. “This achievement and the scale that we have achieved in the market is a result of the combination of the quality of our team and our increasing platform capabilities and diversification strategy. 

“Our pipeline remains robust and we will maintain our disciplined approach to underwriting which we believe will serve us and our shareholders and stakeholders well long term.”

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