Horizon Technology Finance Management hired Paul A. D’Agrosa as vice president of business development. D’Agrosa was previously with Silicon Valley Bank, where he led relationship management efforts among life sciences businesses in the Southwest.
Monroe Capital completed the acquisition of Horizon Technology Finance Management, a venture debt investment manager for companies in the technology, life sciences, healthcare information and services, and sustainability industries.
Monroe Capital, a boutique asset management firm specializing in private credit markets across various strategies, entered into a definitive agreement to acquire Horizon Technology Finance Management.
Horizon Technology Finance Management promoted Todd A. McDonald and Kevin T. Walsh to senior managing director roles within its business development team.
Horizon Technology Finance Management, a registered investment advisor that underwrites and manages secured loans, made several promotions and new hires, including elevating John C. Bombara, Daniel S. Devorsetz and Daniel R. Trolio to executive vice president roles.
Horizon Technology Finance appointed Daniel S. Devorsetz COO, effective immediately. In addition, Horizon Technology Finance concurrently appointed Devorsetz COO of its external investment advisor, Horizon Technology Finance Management.
Horizon Technology Finance Management entered into an agreement with Waterfall Asset Management to originate and manage a venture debt portfolio. Horizon will originate and manage an initial commitment of $100 million, with the potential to increase to $300 million over time.