October 5, 2011: Hercules Technology (ticker: HTGC) announced the hiring of a new senior executive, and the opening of a new office in McClean, Virginia. Here is the link to the Hercules press release, which discusses both the impressive resume of the new hire (April Young) and the rationale for having a presence in the Mid and South-Atlantic regions.
BDC Reporter’s Two Cents: Given the uncertain economic environment, we’re encouraged, both for Hercules Technology and the Business Development Company industry, by this technology lender’s growth plans.