Horizon Technology Finance Management Hires Danny Hurwitz and Expands Originations Team
Horizon Technology Finance Management LLC ("Horizon"), the manager and investment adviser for Horizon Technology Finance Corporation (NASDAQ:HRZN), a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity backed companies and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, and an affiliate of Monroe Capital, announced today that Danny Hurwitz has joined the firm as Managing Director.
Mr. Hurwitz will be responsible for originating new investments, with a primary focus on the investment banking, investor relations and broker channel, particularly in lending to small-cap public companies. Mr. Hurwitz has over 30 years of experience in investment banking and institutional equity sales. Prior to joining Horizon, he served as Managing Director at Seaport Global, a full-service investment bank, where he was instrumental in expanding the team's client base and overall capital-raising network. Mr. Hurwitz holds an M.B.A. and a B.S. in Communications from Northwestern University.
"We are thrilled to welcome Danny to the Horizon team. His deep capital markets experience and extensive network of relationships will be invaluable to Horizon," said Mike Balkin, Chief Executive Officer of Horizon. "We look forward to leveraging Danny's expertise to further strengthen our origination capabilities and support high quality, growth-oriented companies in need of debt financing solutions, in alignment with our renewed focus on lending to small-cap public companies."
About Horizon Technology Finance Management LLC
Horizon Technology Finance Management, an affiliate of Monroe Capital, is a registered investment adviser that underwrites and manages secured loans to venture capital and private equity backed companies and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, and is the external adviser for Horizon Technology Finance Corporation (NASDAQ:HRZN). The investment objective of Horizon is to maximize its investment portfolios' returns by generating current income from its debt investments and capital appreciation from the warrants received when making such debt investments. Horizon is headquartered in Farmington, Connecticut, with a regional office in Pleasanton, California, and investment professionals located throughout the U.S. Monroe Capital is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, opportunistic, structured credit, real estate and equity. To learn more, please visit www.horizontechfinance.com.
Forward-Looking Statements
Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Horizon's filings with the Securities and Exchange Commission. Horizon undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
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