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Sutherland Represents Hercules Technology Growth Capital, Inc. in a $71.9 Million Shelf Offering

November 16, 2010

WASHINGTON (November 16, 2010) – Sutherland Asbill & Brennan LLP represented Hercules Technology Growth Capital, Inc.(NASDAQ:HTGC) (the “Company") in a shelf offering of approximately 7,187,500 shares of its common stock (including the underwriters' over-allotment option).  The Company raised gross proceeds of approximately $71.9 million in the offering.

The Sutherland team representing Hercules Technology Growth Capital, Inc. was led by Partner Cynthia M. Krus and Associates Lisa A. Morgan and Terri Ginsberg.  RBC Capital Markets, LLC, JMP Securities LLC and Stifel Nicolaus Weisel served as joint book-running managers for the offering and BB&T Capital Markets, a division of Scott & Stringfellow, LLC, Janney Montgomery Scott LLC and Macquarie Capital (USA) Inc. acted as co-managers.        

Inquiries related to this transaction may be directed to Cynthia M. Krus, co-chair of the Sutherland Corporate Group, at 202.383.0218 or

Sutherland Asbill & Brennan LLP is a law firm with global reach known for solving challenging business problems and resolving sophisticated legal issues for many of the world’s largest companies. Founded in 1924, the firm handles matters throughout the United States and worldwide. Seven major practice areas—corporate, energy and environmental, financial services, intellectual property, litigation, real estate, and tax—provide the framework for an extensive range of focus areas, allowing Sutherland attorneys to serve a diverse client base that ranges from small and medium-sized start-up businesses to a significant number of Fortune 100 companies.

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