Horizon gets backing from Waterfall for new venture debt SPV
Horizon Technology Finance Management formed a special purpose vehicle (SPV) with Waterfall Asset Management in an expansion of Horizon’s venture debt platform.
Horizon underwrites and manages secured loans made to companies in the technology, life science, healthcare information and services, and sustainability industries and is the investment advisor for the Horizon Technology Finance Corporation, a BDC launched back in 2010.
Launched on March 4 with initial capital commitment of $100 million from Waterfall, the SPV was set up to invest alongside Horizon’s BDC. Officials said there is the potential that the portfolio . . .
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