other material
confidence high
sentiment neutral
materiality 0.60
Horizon Technology Finance enters new advisory agreement after Monroe's change of control
Horizon Technology Finance Corp
- New investment management agreement with same fee structure and services; effective March 31, 2025.
- Wendel SE affiliate acquired 75% of Monroe Capital, indirectly controlling Horizon's adviser.
- Wendel committed $1B in seed capital and GP commitments for Monroe investment strategies.
- Stockholders pre-approved the new agreement at February 21, 2025 special meeting.