Horizon Technology Finance Management LLC (Farmington)

Name: Horizon Technology Finance Management LLC
Address: 312 Farmington Avenue, Farmington, CT, 06032 2586
Telephone: 860-676-8654

Horizon Technology Finance Management LLC is an investment adviser to a business development company based in Farmington. It manages $248 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Connecticut, Massachusetts, and Virginia.

Horizon Technology Finance Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Horizon Technology Finance Management: assets under management

The assets under management (AUM) of Horizon Technology Finance Management LLC is $248 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $248 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $248 million each.

Horizon Technology Finance Management has custody of $248 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Horizon Technology Finance Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Horizon Technology Finance Management serves?

The only and largest group of clients of Horizon Technology Finance Management is business development companies with 1 clients and $248 million of assets under management. Among the 10 most similar advisory firms, Horizon Technology Finance Management has the highest percentage of business development companies out of all clients.

The amount of regulatory assets under management is $248 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Horizon Technology Finance Management doesn't advise any private funds.

Careers at Horizon Technology Finance Management LLC

The company employs 19 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Daniel Scott Devorsetz has served as the Chief Investment Officer since 1 Aug 2016 and Robert D. Pomeroy is the Chief Executive Officer of Horizon Technology Finance Management LLC family office. Daniel Raffaele Trolio joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Horizon Anchor Holdings Llc	Member	1 Mar 2008	25% - 50%	26-2010492
Robert D. Pomeroy	Chief executive officer	1 Mar 2008	Other	5759025
Gerald A. Michaud	Chief operating officer	1 Mar 2008	Other	5759033
Christoper M. Mathieu	Chief financial officer	1 Mar 2008	Other	5759034
John C. Bombara	Chief compliance officer	1 Mar 2008	Other	5759035
Horizon Technology Finance Llc	Member	1 Mar 2008	50% - 75%	36-4544955
Htf Holdings Llc	Member	1 Mar 2011	50% - 75%	45-1162357
Daniel Scott Devorsetz	Chief investment officer	1 Aug 2016	Other	2825063
Daniel Raffaele Trolio	Vice president of finance	1 Sep 2016	Other	3142899
Daniel Raffaele Trolio	Chief financial officer	1 Jan 2017	Other	3142899

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Kattegat Trust	Trustee	1 Apr 2007	Other	foreign entity
Kattegat Private Trustees Limited	Trustee	1 Apr 2007	Other	foreign entity
Kattegat Limited	Shareholder	1 Oct 2007	75% - 100%	foreign entity
Lp Cgi Anchor Holdings	Shareholder	1 Jan 2008	75% - 100%	foreign entity
Llc Lighthouse Anchor Holdings	Elected manager, class a member, class b member	1 Mar 2008	25% - 50%	26-2010116
Inc. Cgi Anchor Holdings Usa	Class b member	1 Mar 2008	25% - 50%	26-2010357
Ltd Anholt Investments	Partner	1 Mar 2008	75% - 100%	foreign entity
Anchor Management Ltd	General partner	1 Mar 2008	Other	foreign entity
Joseph I. Massoud	Elected manager, class a member, class b member	1 Mar 2008	25% - 50%	5758812
Elias J Sabo	Class b	1 Mar 2008	25% - 50%	2725502
Alan Offenberg	Class b	1 Mar 2008	25% - 50%	5758813
Ltd Compass Group Investments	Partner	1 Mar 2008	75% - 100%	foreign entity
Llc Horizon Technology Finance	Member	1 Mar 2011	75% - 100%	36-4544955
Elias J Sabo	Elected manager, class a member	1 Nov 2012	Other	2725502
Alan Offenberg	Elected manager, class a member	1 Nov 2012	Other	5758813

Based in Farmington

The principal office where Horizon Technology Finance Management LLC performs its advisory services is located at 312 Farmington Avenue, Farmington, CT 06032 2586, which is also the mailing address of the firm. An additional office of the firm is in Pleasanton, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 860-676-8654 or by fax 860-676-8655. The normal business hours are 9:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at horizontechfinance.com.