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.
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 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. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
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.
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.
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.