Hercules Capital, Inc. (NYSE:HTGC) Q4 2018 Earnings Conference Call - Final Transcript
Feb 21, 2019 • 05:00 pm ET
Good day, ladies and gentlemen, and welcome to the Hercules Capital Q4 and Full Year 2018 Earnings Conference Call. At this time, all participants are in a listen-only mode. Following management's prepared remarks, we will have a question-and-answer session, and instructions will be given at that time. (Operator Instructions) As a reminder, today's conference will be recorded for replay purposes.
It is now my pleasure to turn the conference over to Michael Hara, Managing Director of Investor Relations. Please proceed, sir.
Thank you, Allie. Good afternoon everyone and welcome to Hercules conference call for the fourth quarter and full year 2018. With us on the call today from Hercules are Manuel Henriquez, Founder, Chairman and CEO; and David Lund, our Interim Chief Financial Officer. Hercules' fourth quarter and full year 2018 financial results were released just after today's market close, and can be accessed from Hercules' Investor Relations section htgc.com. We have arranged for a replay of the call at Hercules webpage or by using the telephone number and passcode provided in today's earnings release.
During this call we may make forward-looking statements based on current expectations. Actual financial results filed with the Securities and Exchange Commission may differ from those contained herein due to timing delays between the date of this release, and then the confirmation of final audit results. In addition, the statements contained in this release that are not purely historical are forward-looking statements.
These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause the actual results to differ materially from those expressed in the forward-looking statements including without limitation, the risks and uncertainties, including the uncertainty surrounding the current market turbulence and other factors, we identified from time to time in our filings with the Securities and Exchange Commission.
Although we believe that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions can prove to be inaccurate, and as a result, the forward-looking statements based on those assumptions also can be incorrect. You should not place undue reliance upon these forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof and Hercules assumes no obligation to update the forward-looking statements or subsequent events. To obtain the copies of related SEC filings, please visit sec.gov or our website htgc.com.
With that, I will turn the call over to Manuel Henriquez, Hercules' Chairman and CEO.
Manuel A. Henriquez
Thank you, Michael, and good afternoon everyone and thank you for joining us today. Before we begin today's call, I want to take a brief moment to personally say thank you to David Lund for his sustained dedication, professionalism and commitment to Hercules Capital during both of his tenures at Hercules, first as our CFO, post IPO offer in 2005, and most recently as our Interim CFO, where's he's done an amazing job.
In fact, during his most recent tenure at Hercules Capital, we successfully grew our debt investment portfolio by 33%