Speciality financing provider Hercules Capital has promoted its chief financial officer (CFO) Seth Meyer to president, with Andrew Olson succeeding him as CFO.
Meyer has served as CFO since 2019. In his new role as president, he will help chief executive Scott Bluestein oversee the scaling, growth, diversification and further expansion of the Hercules platform.
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Olson rejoins Hercules from healthcare-focused secondary investment firm Revelation Partners, where he served as partner, CFO and chief operating officer. He brings over 19 years of experience in private and public investment companies.
Prior to Revelation, he was CFO at SVC Capital where he managed finance and operations for the firm’s direct investment, private credit and fund of funds strategies. He has also held roles as CFO at TriplePoint Capital and TriplePoint Venture Growth, and worked for Hercules between 2014 and 2017.
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“Over the past seven years, Seth has been instrumental in helping to build upon our financial strength,” said Bluestein. “Elevating Seth to President is a natural step as we sharpen our focus on growing and expanding our industry-leading platform.
“Simultaneously, I am thrilled to welcome back Andrew Olson, whose track record in alternative assets and private credit is world-class and ensures that we continue to have the specialised financial leadership required to navigate the complexities of our future growth.”
