Horizon Technology Finance Management’s Strategic Partnership With Waterfall Asset Management

Dechert advised Horizon Technology Finance Management LLC on the deal.

Horizon Technology Finance Management LLC (“Horizon”) closed its agreement with Waterfall Asset Management to originate and manage a venture debt portfolio.

Horizon is a registered investment advisor that underwrites and manages secured loans made to companies in the technology, life sciences, healthcare information and services, and sustainability industries, and the manager and advisor for Horizon Technology Finance Corporation (NASDAQ: HRZN).

Waterfall Asset Management, LLC is an SEC-registered institutional asset manager focused on structured credit (asset-backed securities and loans) and private equity investments.

Through this partnership, Horizon will have greater access to investment opportunities in more venture-backed companies, while continuing to diversify its investment portfolios in a range of industries.

The Dechert team advising Horizon included corporate partners Thomas Friedmann (Picture) and Matt Carter; financial services partner David Harris; and corporate associates Thomas Cheeseman and Anna Tomczyk. 

Involved fees earner: Matthew Carter – Dechert; Thomas Cheeseman – Dechert; Thomas Friedmann – Dechert; David Harris – Dechert; Anna Tomczyk – Dechert;

Law Firms: Dechert;

Clients: Horizon Technology Finance Management;

Author: Martina Bellini