Horizon Technology Finance Corporation, a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and cleantech industries, announced today the hiring of Todd A. McDonald by its Advisor, Horizon Technology Finance Management LLC.
McDonald will manage the Mid-Atlantic and Southeast technology markets, and will operate from Horizon’s Reston, Virginia, office.
Horizon’s president, Gerald A. Michaud, said the company was pleased to welcome McDonald back. “Todd was a highly valued member of our origination team during his previous tenure with Horizon, and his extensive technology and venture lending experience will strengthen our investment platform,” Michaud stated. “We look forward to his contributions, together with the contributions from the other senior professionals we have added to our advisor since late 2016, which we expect to result in increased originations and a growing investment pipeline.”
McDonald has over 22 years of business development experience in the financial services and venture lending industries. He previously served as Managing Director of Mid-Atlantic Technology for Horizon, and rejoins the company from ORIX Growth Capital where he worked as Director of the Mid-Atlantic region.
Earlier in his career, he held various positions at Comerica Bank, including as Group Manager and Senior Vice President of the Technology and Life Sciences Division, where he directed business development initiatives across the East Coast.
McDonald earned a Bachelor of Science in Finance from the University of Maryland, College Park, and a Master of Business Administration in Finance from San Diego State University.
Danita White for TechFunnel.com