Investor Presentaiton
WHY IS HERCULES DIFFERENT THAN OTHER BDCS
WE INVEST IN INNOVATIVE VENTURE GROWTH-STAGE COMPANIES
What We Don't Do
■No direct oil and gas exposure
■No CLO exposure
■No CMBS or RMBS exposure
■ No metals or minerals exposure
What We Do
■ We focus primarily on pre-IPO and M&A, innovative high-growth venture capital backed companies at their
expansion (venture growth) and established stages in a broadly diversified variety of technology, life sciences
and sustainable and renewable technology industries
Highly asset sensitive debt investment portfolio - 96.9% floating rate loans and with interest rate floors(1)
■ We are generally the only lender and 84.2% are "true" first lien senior secured (¹)
■ The majority of our debt investments include warrants for potential additional total return
■ Substantially all of our debt investments have short term amortizing maturities (36-42 months)
■ Focused on strong and sustainable shareholder returns
■ Disciplined, proven investment philosophy with over 16 years of strong credit performance history
(1) As of December 31, 2020
Xercules.
CAPITAL
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