Hercules grows debt portfolio to $1.28bn

The California-based BDC focused on venture capital-backed and emerging companies came close to its $1.35 billion portfolio target last quarter.

Hercules Capital grew its total debt investment portfolio to $1.28 billion at the end of the third quarter, the business development corporation announced on Thursday in its third-quarter earnings call.

The Palo Alto, California-based BDC, focused on companies seeking growth capital, saw a year-on-year increase in its investment portfolio, up from $1.1

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