Monroe Capital LLC, a boutique asset management firm focused on private credit markets across various strategies, has acquired Horizon Technology Finance Management LLC.

Horizon Technology Finance Management is an investment advisor to Horizon Technology Finance Corp. Horizon has deployed over $3 billion in loan commitments across more than 315 venture-backed companies since its founding in 2004.

“This acquisition enhances our value proposition and continues Monroe’s strategy of providing differentiated niche focused investment solutions to institutional and high net worth clients around the world,” says Ted Koenig, chairman and chief executive officer of Monroe. “We expect Horizon’s strong track record of historical returns will be compelling to investors seeking diversification and less correlation to the overall markets.”