# Horizon Technology Finance

> Horizon Technology Finance is an SEC-registered investment advisory firm in Farmington, CT, registered since 2010, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 12, 2026.

- CRD: 153052
- Filed as: HORIZON TECHNOLOGY FINANCE
- Legal name: Horizon Technology Finance Management LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Farmington, CT
- Filing period: October 2026
- Form ADV filing dated: June 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/153052
- AdvisorCensus page: https://advisorcensus.com/firm/horizon-technology-finance-farmington-ct-153052

## Quick answers

**How is Horizon Technology Finance compensated?**
On its Form ADV (Item 5.E, October 2026), Horizon Technology Finance reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Horizon Technology Finance located?**
Horizon Technology Finance's principal office is in Farmington, CT, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Horizon Technology Finance registered with the SEC or a state?**
Horizon Technology Finance is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 153052.

**How much does Horizon Technology Finance manage?**
Horizon Technology Finance reports $811,104,000 in regulatory assets under management in its Form ADV filing dated June 12, 2026 (100% discretionary).

**How have Horizon Technology Finance's assets and staff changed since 2021?**
In the Form ADV data for Horizon Technology Finance: Regulatory assets under management: $429,500,000 in the October 2021 data and $811,104,000 in the October 2026 data, up 89%. Total employees: 26 in October 2021 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Horizon Technology Finance serve?**
By number of clients on Form ADV Item 5.D: business development companies (1).

**Does Horizon Technology Finance report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.A(1) (felony conviction or plea in the past ten years) and 11.A(2) (felony charge in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/153052

**What changed in Horizon Technology Finance's recent Form ADV filings?**
In the July 2026 filing data: Item 11 disclosure answers changed: 2 yes answers, previously 0 (now yes: 11.A(1), 11.A(2)).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $811,104,000
- Discretionary: $811,104,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 1 | $811,104,000 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2010 (16 years)
- Employees: 23 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, CT, IL, ME, TX, VA
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.A(1): In the past ten years, has the firm or an advisory affiliate been convicted of, or pleaded guilty or no contest to, a felony?
- 11.A(2): In the past ten years, has the firm or an advisory affiliate been charged with a felony?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/153052

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Pleasanton, CA

### Websites listed on Form ADV (Item 1.I)
- horizontechfinance.com
- LinkedIn @horizon-technology-finance-corporation

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $429,500,000 | 26 | March 31, 2021 |
| October 2022 | $645,210,000 | 28 | March 14, 2022 |
| October 2023 | $1,001,362,000 | 32 | September 14, 2023 |
| October 2024 | $802,356,000 | 33 | March 29, 2024 |
| October 2025 | $795,085,000 | 32 | July 30, 2025 |
| October 2026 | $811,104,000 | 23 | June 12, 2026 |

Regulatory assets under management: $429,500,000 in the October 2021 data and $811,104,000 in the October 2026 data, up 89%.
Total employees: 26 in October 2021 and 23 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Item 11 disclosure answers changed: 2 yes answers, previously 0 (now yes: 11.A(1), 11.A(2)).

### April 2026
- Employees performing advisory functions went from 21 to 14.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Horizon Technology Finance (CRD 153052): Form ADV filing data as of October 2026.