other_material
confidence high
sentiment positive
materiality 0.75
Horizon Tech Finance forms $100M JV with CR Financial for growth capital to small/micro-cap public companies
Horizon Technology Finance Corp
- Horizon commits $87.5M, CRFH commits $12.5M to new joint venture HRZN CRFH LLC.
- JV to provide secured growth capital loans of $5-25M to small/micro-cap public companies.
- Governance by 4-person board and investment committee; Horizon and CRFH equally represented.
- Monroe Capital ($24B AUM) to support larger investments; JV may use warehouse credit lines.
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