HTGC earnings call for the period ending September 30, 2019.
News & Analysis: Hercules Technology Growth Capital
Investing in companies that provide growth capital to promising start-ups can be financially rewarding.
HTGC earnings call for the period ending June 30, 2019.
The company’s founder, chairman, and CEO was named in a college admissions bribery scandal.
HTGC earnings call for the period ending December 31, 2018.
Oaktree Capital is excited about the opportunity to roll up more BDCs, Solar Capital bought a commercial lessor, and Hercules Capital thinks it needs to externalize to pursue lower-yielding assets.
Shareholders of these three business-development companies should brace for future dividend cuts.
Hercules Capital's board of directors scuttled a plan to externalize the manager, but shareholders aren't eager to bid shares of the BDC back to its pre-plan price.
Shares of the business-development company (BDC) sank after the company proposed externalizing its management team.
1 High-Yield Industry Vying for Dominance (Ares Capital Corporation, Main Street Capital Corporation)
Could business development companies displace REITs as the high-yield kings of Wall Street?