Horizon Technology Finance Corp. announced that Michael P. Balkin will become its new Chief Executive Officer, effective June 5, 2025, as part of a planned leadership transition.
Balkin, who has served as an independent director of Horizon since June 2023, succeeds CEO Robert D. Pomeroy Jr., who will retire but remain chairman of the board. President Gerald A. Michaud will also retire and continue with the company through the end of the year.
“Mike’s knowledge and experience in investment and portfolio management, along with his three decades of work with small-cap and technology companies, make him an excellent choice to lead Horizon during its next phase of growth,” said Pomeroy in a statement.
Balkin previously held senior roles at William Blair and Magnetar Capital. He said he plans to continue Horizon’s focus on portfolio diversification and growth while maintaining its objective of generating income from debt investments and capital appreciation.
Horizon provides secured loans to companies in the technology, life sciences, healthcare, and sustainability sectors. Horizon Technology Finance Management LLC, an affiliate of Monroe Capital, externally manages the company.
