Today I am interviewing Nick Lopez of HCAP Partners, an SBIC Mezz Debt Fund focused on emerging technologies and services businesses. Nick and I talk about him raising his new fund, impact investing, what mezzanine debt is, and some of his local investments. You can listen/watch the podcast on YouTube, Apple, or Spotify.

Nicolas joined HCAP Partners in 2013 and is responsible for originating, structuring, closing, and monitoring portfolio investments. He has been instrumental in many of the firm’s portfolio investments, which achieved fast growth and realized significant value for shareholders and employees. Nicolas is a board member of HCAP Partners portfolio companies Lone Star Analysis, DYPER™, and FleetNurse and is a board observer for 5th Kind.

Before joining HCAP Partners, Nicolas was in their corporate development group with Best Buy, Inc. Nicolas joined Best Buy in 2010, where he helped identify, evaluate and support early-stage investment opportunities. He was also very involved with strategic initiatives at Best Buy, working with various cross-functional business groups to drive shareholder value. Before joining Best Buy, Nicolas worked in investment banking and investment management.

Nicolas attended the University of Southern California, earning an M.B.A., and San Diego State University, earning a B.S. in Business Administration. He is also a CFA charterholder.

What You’ll Learn:

• Understanding Mezzanine Capital

• Investing through a Small Business Investment Company (SBIC)

• Investment Conflict (Lender vs. Equity Holder in the Same Company)

• Impact Investing

• Value Alignment before Investing

• Fundraising as an Impact Investment Fund

• Deal Structure in the Current Economy

Favorite Quote:

“With everything happening in the last couple of years, with covid and remote work, what makes a quality job is becoming more important. Pay is always on top of the list, but what else is important for employees.”