Key Takeaways
- • Hercules Capital (NYSE: HTGC) was named 2025 BDC Manager of the Year - Americas by Private Debt Investor (PDI), according to a Business Wire press release dated March 2, 2026.
- • PDI cited Hercules' performance across key metrics, including assets under management and investment income, in a year marked by political uncertainty, tight capital markets and slower venture and growth fundraising.
- • Hercules reported record-breaking 2025 results, including all-time highs in new debt and equity commitments, gross fundings, net debt portfolio growth and investment income, per CEO Scott Bluestein.
- • The PDI awards are selected by the publication's editorial team, which votes on finalists across more than 50 categories after initial nominations.
Summary
The PDI Awards recognize the best firms and deals across global, Americas, European and Asia-Pacific markets. Following initial nominations, the PDI editorial team votes on a select group of finalists across more than 50 categories. PDI noted that Hercules delivered strong performance across key metrics, from assets under management to investment income, despite a challenging backdrop of political uncertainty, tightness in capital markets and a slowdown in venture and growth fundraising.
Chief Executive Officer and Chief Investment Officer Scott Bluestein said the award reflects a year of record-breaking achievements at Hercules, including all-time highs in new debt and equity commitments, gross fundings, net debt portfolio growth and investment income. He attributed the results to the execution of the firm's team and the success of its portfolio companies, and said the company remains committed to being the capital provider of choice for innovative companies.
The company's disclosure notes that it has committed more than $25 billion to over 700 companies since its inception in December 2003. Hercules also manages investments for external parties through its registered investment adviser subsidiary, Hercules Adviser LLC. The press release is promotional in nature and was issued by the company; the figures cited are company-reported and not independently verified in the release.
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