Welcome to our dedicated page for Hercules Capital news (Ticker: HCXY), a resource for investors and traders seeking the latest updates and insights on Hercules Capital stock.
Hercules Capital reports developments for a specialty finance company focused on senior secured venture growth loans to venture capital-backed and select private equity-backed companies in technology, life sciences and related growth industries. News commonly covers debt and equity commitments, fundings, portfolio activity, earnings results, net investment income, leverage, liquidity and cash distributions.
The company also reports governance and capital-market developments tied to its public securities, including its NYSE-listed common stock and 6.25% Notes due 2033 under the symbol HCXY. Recurring updates include annual meeting materials, executive leadership changes, credit ratings, adviser-subsidiary activity and external funds managed through Hercules Adviser LLC.
Hercules Capital (NYSE:HTGC), the largest specialty financing provider to venture-backed companies, has received an affirmed BBB+ investment grade rating from Kroll Bond Rating Agency (KBRA). The rating affirmation reflects HTGC's strong market position in venture debt, particularly in technology and life sciences sectors.
KBRA's positive assessment highlights Hercules' 20+ year operating track record, robust risk management, diversified investment portfolio focused on senior secured first lien debt, and solid capital market access. The stable outlook is supported by appropriate leverage metrics and a high proportion of unsecured debt providing strong noteholder protection.
Hercules Capital (NYSE:HTGC), the largest specialty financing provider to venture and growth companies, reported strong Q2 2025 financial results. The company achieved record quarterly gross fundings of $709.1 million and total gross debt and equity commitments of $1.0 billion.
Q2 2025 highlights include Net Investment Income (NII) of $88.7 million, or $0.50 per share, providing 125% coverage of base cash distribution. The company closed an upsized offering of $350.0 million of 6.000% unsecured notes due 2030 and increased its MUFG Bank credit facility to $440.0 million.
Hercules maintains a strong financial position with over $5.3 billion in Assets Under Management (up 16.5% year-over-year), $1.0 billion in available liquidity, and an undistributed earnings spillover of $134.1 million ($0.74 per share).
Hercules Capital (NYSE:HTGC), the largest specialty finance provider to venture-backed companies, has declared a total cash distribution of $0.47 per share for Q2 2025. The distribution consists of a $0.40 base distribution and a $0.07 supplemental distribution.
The distribution will be paid on August 19, 2025, to stockholders of record as of August 12, 2025. The company maintains a variable distribution policy targeting 90-100% of quarterly taxable income. For Q2 2025, 100% of distributions were derived from current earnings and profits, with 80.13% qualifying as Qualified Interest Income (QII) for foreign account tax purposes.
Hercules Capital (NYSE:HTGC), the largest specialty finance provider for venture and growth companies, announced that its wholly-owned investment adviser, Hercules Adviser LLC, has completed the first close of its fourth institutional private credit fund, Hercules Growth Lending Fund IV LP.
The launch marks Hercules Adviser's fourth fund in five years, bringing its total managed funds to four with approximately $1.6 billion in committed debt and equity capital. Together, Hercules Capital and Hercules Adviser manage over $5.0 billion in assets as of March 31, 2025, having committed more than $22.0 billion to over 680 portfolio companies since inception.
[ "Launch of fourth institutional private credit fund demonstrates strong market position and growth", "Hercules Adviser now manages approximately $1.6 billion in committed debt and equity capital", "Combined assets under management exceed $5.0 billion", "Strong track record with over $22.0 billion committed to more than 680 portfolio companies" ]Hercules Capital (NYSE: HTGC), the largest specialty financing provider to innovative venture and growth companies, has scheduled its second quarter 2025 financial results announcement for July 31, 2025.
The company will release its Q2 2025 results after market close, followed by a conference call at 2:00 p.m. PT (5:00 p.m. ET). Investors can join via phone or webcast through the company's investor relations website at investor.htgc.com. Domestic callers should dial +1 (800) 225-9448, while international callers can use +1 (203) 518-9708.
Hercules Capital (NYSE:HTGC), the largest specialty financing provider to innovative venture and growth stage companies, announced that Fitch Ratings has affirmed its BBB- investment grade corporate and unsecured credit rating with a stable outlook.
The rating affirmation reflects several key strengths of Hercules Capital, including its first-lien focused investment portfolio, proven credit track record, broad industry relationships, consistent operating performance, and strong funding flexibility. The company's above-average asset coverage cushion and experienced management team were also cited as contributing factors.
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Hercules Capital (NYSE: HTGC) has announced its 2025 Annual Meeting of Stockholders, scheduled for Wednesday, June 18, 2025, at 9:00 a.m. Eastern Time. The meeting will be held virtually via the internet. Stockholders of record as of April 17, 2025, will vote on four key matters: election of three directors, advisory vote on executive compensation, authorization for below-NAV share issuance, and ratification of the independent public accounting firm. The proxy statement was filed on April 24, 2025, and has been mailed to eligible stockholders.