Horizon Technology Finance Strengthens Team with New Leadership
FARMINGTON, Conn.—Horizon Technology Finance Management LLC, a leading investment adviser and manager for Horizon Technology Finance Corporation (NASDAQ: HRZN), has announced the appointment of Danny Hurwitz as Managing Director. This strategic move is part of the firm’s broader initiative to expand its originations team and enhance its lending capabilities, particularly towards small-cap public companies.
Horizon Technology Finance specializes in providing secured loans to venture capital and private equity-backed companies, as well as publicly traded entities. The sectors it serves include technology, life sciences, healthcare information and services, and sustainability. The firm is also affiliated with Monroe Capital, a prominent asset management company.
Danny Hurwitz Brings Decades of Experience
Mr. Hurwitz joins Horizon with over 30 years of expertise in investment banking and institutional equity sales. Most recently, he served as Managing Director at Seaport Global, a full-service investment bank. There, he played a pivotal role in expanding the firm’s client base and strengthening its capital-raising infrastructure.
His new role at Horizon will focus on originating new investments, with an emphasis on working through investment banking, investor relations, and broker channels. His primary objective will be to foster lending relationships with small-cap public companies, a renewed area of focus for Horizon.
“We are thrilled to welcome Danny to the Horizon team,” said Mike Balkin, Chief Executive Officer of Horizon. “His deep capital markets experience and extensive network of relationships will be invaluable to Horizon. We look forward to leveraging Danny’s expertise to further strengthen our origination capabilities.”
Balkin emphasized that Hurwitz’s appointment aligns with Horizon’s strategic goals of supporting high-quality, growth-oriented companies seeking debt financing solutions. This move is expected to significantly bolster Horizon’s ability to deliver tailored capital solutions to companies in need.
Horizon’s Mission and Market Approach
Horizon Technology Finance Management LLC is a registered investment adviser responsible for underwriting and managing a portfolio of secured loans. These loans are extended to companies backed by venture capital or private equity, as well as those that are publicly traded.
The firm’s overarching investment objective is to generate strong returns through a mix of current income from debt investments and capital appreciation from equity warrants acquired during the lending process.
Headquartered in Farmington, Connecticut, Horizon also maintains a regional office in Pleasanton, California, with investment professionals dispersed across the United States. This widespread presence enables the firm to maintain close relationships with clients and respond quickly to market opportunities.
The Role of Monroe Capital
Horizon operates as an affiliate of Monroe Capital, a premier asset management firm known for its expertise in private credit markets. Monroe Capital’s investment strategies span direct lending, technology finance, venture debt, opportunistic credit, structured credit, real estate, and equity investments.
This affiliation provides Horizon with access to a broader capital base and diversified expertise, enhancing its ability to serve a wide array of clients with customized financial solutions. The partnership also supports Horizon’s mission to provide flexible financing options to companies at various growth stages.
Looking Ahead
With the addition of Danny Hurwitz to its leadership team, Horizon Technology Finance Management is poised to accelerate its growth trajectory. The firm aims to deepen its footprint in the small-cap public company segment, leveraging Hurwitz’s vast experience and industry connections.
As the financial landscape continues to evolve, Horizon remains committed to identifying high-potential companies and providing them with the capital needed to scale operations and drive innovation. The firm believes that its strategic hires and expanded origination capabilities will position it for continued success in the competitive specialty finance market.
For more information about Horizon Technology Finance and its services, visit www.horizontechfinance.com.
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