Horizon Technology Finance has promoted four new executives.
Takeaway Points
- Horizon Technology Finance Promotes Four New Executives.
- The four new executives promoted are Kevin May, Mishone Donelson, Todd McDonald, and Kevin Walsh.
How many executives did Horizon Technology Finance promote?
Horizon Technology Finance Management LLC, the manager and investment adviser for Horizon Technology Finance Corporation, a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, and an affiliate of Monroe Capital, said on Tuesday that it has promoted four senior members of its origination team to new or expanded roles. These new positions will increase the Company’s origination capabilities and portfolio management to better serve the needs of its existing and potential borrowers and their venture investors.
Daniel Devorsetz, Executive Vice President, Chief Operating Officer, and Chief Investment Officer of Horizon, commented, “We are delighted to announce the expanded roles of four of the key members of the Horizon team. The promotions are a testament to the expertise each of them has gained in the venture lending market and the value they have brought to Horizon over many years. As the venture lending market has evolved, these new roles better serve our partners in the venture ecosystem and utilize the respective strengths of each team member.”
HTF Four New Executives.
The four new executives promoted are Kevin May, Mishone Donelson, Todd McDonald, and Kevin Walsh.
Kevin May was promoted to Head of Originations, Senior Vice President, and Senior Managing Director; he will be responsible for growing Horizon’s strong market presence and executing Horizon’s venture lending strategy across all platforms and geographies, Horizon said.
Mishone Donelson was promoted to Head of Life Science Lending, Senior Vice President, and Senior Managing Director. According to the company, Mishone has served as Senior Vice President and Senior Managing Director responsible for business development for the East Coast life science markets. In his additional role, Mishone will expand his reach nationwide to lead Horizon’s life science originations.
Todd McDonald was promoted to Head of Technology Lending and Senior Managing Director. Todd will lead Horizon’s nationwide technology lending efforts, bringing over 20 years of technology lending experience to the position.
Kevin Walsh was promoted to Head of Portfolio Management and Senior Managing Director and will help lead Horizon’s portfolio management efforts.
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-backed 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 $19.5 billion 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.
