Hercules Technology Growth Capital (HTGC)
Ever wanted to invest in small caps that aren’t publicly-traded? Hercules Technology Growth Capital (HTGC) is one way of doing so.
The private equity/venture capital fund currently backs 270 companies, ranging from Achronix Semiconductor to online game developer WildTangent. HTGC has a solid history of incubations too, with 74 exits of portfolio companies — once they were ready to sell — since the fund’s inception in 2004. It’s simply one of the better technology and life-science VC names that come in a publicly-traded wrapper.
The 17% pullback over the first quarter of the year had less to do with the company’s portfolio and more to do with the market’s mood, and now that the broad market is easing up, the market’s mood regarding Hercules Technology Growth Capital looks poised to improve.