Hercules Capital, Inc. Announces Resignation of Melanie Grace as General Counsel, Secretary, and Chief Compliance Officer Effective September 24, 2021
September 24, 2021 at 04:02 pm EDT
Share
On September 23, 2021, Hercules Capital, Inc. and Melanie Grace mutually agreed that Ms. Grace would separate from the Company and end her tenure as General Counsel, Secretary, and Chief Compliance Officer effective September 24, 2021.
Hercules Capital, Inc. is a specialty finance company. The Company is focused on providing financing solutions to venture capital-backed and institutional-backed companies in a variety of technology, life sciences and sustainable and renewable technology industries. It is structured as an internally managed, non-diversified, closed-end investment company. Its business objectives are to increase its net income, net investment income, and net asset value (NAV) through its investments in primarily Structured Debt or senior secured debt instruments of venture capital-backed and institutional-backed companies across a variety of technology related industries at attractive yields. It invests in a range of companies active in the technology industry sub-sectors characterized by products or services that require advanced technologies, including, computer software and hardware, networking systems, semiconductors, semiconductor capital equipment, information technology infrastructure and others.