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Hercules Adviser Announces Closes Inaugural Institutional Private Credit Fund

March 25, 2021, 07:57 AM
Filed Under: Private Equity News

Hercules Capital announced that Hercules Adviser LLC (“Hercules Adviser”), a wholly-owned subsidiary of Hercules Capital, has successfully closed its inaugural institutional private credit fund.

“We are very pleased to announce that Hercules Adviser has successfully raised and closed its first institutional private credit fund,” stated Scott Bluestein, chief executive officer and chief investment officer of Hercules Capital. “This new private credit fund will allow us to continue to expand and broaden our investment platform while at the same time serving the growing needs of the venture and growth stage companies that we seek to partner with.”

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