Investment Professionals

Manuel A. Henriquez

Chairman and Chief Executive Officer

Manuel A. Henriquez is the founder, chairman and chief executive officer of Hercules Capital. Henriquez is a 30-year veteran of the venture capital and financing community. Under his leadership, the firm has completed investments of more than $5.7 billion to over 335 companies. Prior to founding the Company, Henriquez was a Managing Director at VantagePoint Venture Partners from August 2000 through July 2003 where he focused on technology investments. He is also the former President and Chief Investment Officer of Comdisco Ventures, a division of Comdisco, Inc., a leading technology and financial services company, from November 1999 to March 2000. Prior to that, from March 1997 to November 1999, Henriquez was a Managing Director of Comdisco Ventures and a senior member of the investment team that originated over $2.0 billion of equipment lease, debt and equity transactions. Henriquez received a B.S. in Business Administration from Northeastern University and is a member of the University’s Board of Directors. He also serves on the Board of Directors for the Lucile Packard Foundation as well as the Children’s Health Council and is a long time advocate for children's health and education. He also previously served on the Board of Directors for Charles Armstrong School, an independent elementary and middle school that serves students with language-based learning differences.

Joseph W. Chow


Joseph W. Chow has served as a director since February 2004. Chow is Executive Vice President at State Street Corporation (NYSE: STT), a provider of financial services to institutional investors, where he is responsible for the development of business strategies for emerging economies. Previously, he was Head of Risk and Corporate Administration at State Street, having retired from the company in August 2003 and rejoined in July 2004. Prior to August 2003, Chow was Executive Vice President and Head of Credit and Risk Policy at State Street. Before joining State Street, Chow worked at Bank of Boston in various international and corporate banking roles from 1981 to 1990 and specialized in the financing of emerging-stage high technology companies. In addition, Chow serves on the board and executive committee of the Greater Boston Chamber of Commerce and the board of the Hong Kong Association of Massachusetts. Chow is a graduate of Brandeis University with a B.A. in Economics. He also received an M.C.P. from the Massachusetts Institute of Technology and an M.S. in Management (finance) from the MIT Sloan School of Management.

Robert P. Badavas


Robert P. Badavas has served as a director since March 2006 where he serves as audit committee chairman. Badavas has also served as a director at Constant Contact® since May 2007. He has more than 20 years of executive leadership experience, leading and growing software and services businesses to market leadership positions. Badavas currently serves as president, CEO and a director of PlumChoice, the leading white label Technology Care solution for companies to build long-term relationships with their consumers or small businesses. Prior to PlumChoice Badavas most recently served as the president and CEO of TAC Worldwide, a technical staffing provider and workforce solutions resource to Fortune 1,000 and mid-market clients. His prior experience includes serving as a senior partner and chief operating officer at Atlas Venture and CEO at Cerulean Technology, Inc., a venture capital backed wireless application software company. He also held several executive leadership roles at Chipcom Corporation (now 3Com Corporation), including CFO and treasurer. Additionally, he is a member of the executive committee of the Board of Trustees of Hellenic College/Holy Cross School of Technology and the Learning Center for the Deaf of Framingham, Massachusetts. Badavas graduated magna cum laude from Bentley University, with a Bachelor Degree in Accounting and Finance, and he currently serves as a Trustee.

Allyn C. Woodward, Jr.


Allyn C. Woodward, Jr. has served as a director since February 2004. Woodward was Vice Chairman of Adams Harkness Financial Group (AHFG-formerly Adams, Harkness & Hill) from April 2001 until January 2006 when AHFG was sold to Canaccord, Inc., an independent investment dealer. He previously served as President of AHFG from 1995 to 2001. AHFG was an independent institutional research, brokerage and investment-banking firm headquartered in Boston, MA. Prior to joining AHFG, Woodward worked for Silicon Valley Bank from April 1990 to April 1995, initially as Executive Vice President and Co-founder of the Wellesley, MA office and more recently as Senior Executive Vice President and Chief Operating Officer of the parent bank in California. Silicon Valley Bank is a commercial bank, headquartered in Santa Clara, CA whose principal lending focus is directed toward the technology, healthcare and venture capital industries. Prior to joining Silicon Valley Bank, Woodward was Senior Vice President and Group Manager of the Technology group at Bank of New England, Boston, MA where he was employed from 1963-1990. Woodward is currently the Chairman of the Board of Directors and a member of the Compensation Committee of Lecroy Corporation (NASDAQ: LCRY), a leading provider of oscilloscopes, protocol analyzers and related test and measurement solutions. He is also a former Director of Viewlogic and Cayenne Software, Inc. Woodward serves on the boards of three private companies and is on the boards of advisors of five venture capital funds. Woodward holds an Advanced Professional Director Certification from the Corporate Director Group, a public company director education and credentialing organization, and is a member of the National Association of Corporate Directors. Woodward is on the Board of Overseers and a member of the Finance Committee of Newton Wellesley Hospital, a 250-bed hospital located in Newton, MA. Woodward is on the Board of Overseers and the Investment Committee and the Finance Committee of Babson College in Babson Park, MA. Woodward graduated from Babson College with a degree in finance and accounting. He also graduated from the Stonier Graduate School of Banking at Rutgers University.