Horizon Technology Finance to Participate in the UBS Global Financial Services ... - PR Newswire (press release)/PRNewswire/ -- Horizon Technology Finance Corporation (Nasdaq: HRZN ) (the "Company" or "Horizon"), a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and clean-tech industries, today announced that . The conference, which will be held at Crowne Plaza Times Square Manhattan, will consist of one-on-one and small group meetings. One-on-one meetings can be arranged through UBS.
About Horizon Technology Finance Corporation
Horizon Technology Finance Corporation is a business development company that provides secured loans to development-stage companies backed by established venture capital and private equity firms within the technology, life science, healthcare information and services, and clean-tech industries. The investment objective of Horizon Technology Finance is to maximize total risk-adjusted returns by generating current income from a portfolio of directly originated secured loans as well as capital appreciation from warrants to purchase the equity of portfolio companies. Headquartered in , the Company is externally managed by its investment advisor, Horizon Technology Finance Management LLC. Horizon's common stock trades on the NASDAQ Global Select Market under the ticker symbol "HRZN." In addition, the Company's 7.375% Senior Notes due 2019 trade on the New York Stock Exchange under the ticker symbol "HTF." To learn more, please visit www.horizontechnologyfinancecorp.com .
Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
OAS forum examines impact of global financial reform - Cayman Net News - Cayman Net News
The Organization of American States (OAS) on Monday (22 April) hosted a forum of officials and experts to discuss the theme “Global Governance and Reform of the International Financial System: Impact in the Americas,” at the headquarters of the organisation in Washington DC, attended by the Foreign Minister of Trinidad and Tobago, Winston Dookeran, and several international financial sector experts.
Secretary General of the OAS, José Miguel Insulza, explained the focus of the event, saying “the main issue here is not how to manage the crisis or what to do in the short term or the present, but rather how do we achieve a reform of the international financial system. There is a lot of will to reform international governance, but it doesn’t seem to be happening.”
The Secretary General also noted that “The international financial system has proved much more difficult to change than other international institutions and certainly the paradox is that we all seem to have learned something from the crisis; we gained some knowledge and experience of the crisis, without gaining the ability to make decisions that will allow us to predict, coordinate and improve the way we work in difficult times and in crisis situations.”
He said that “the OAS has a critical role to play in working with civil society, business and governments to help lift the living standards of our citizens. This means not only enabling projects, giving away seed money or handing out scholarships, but bringing intellectual and strategic capabilities to inform the citizens of our hemisphere on the challenges ahead in addressing some of the key social issues.”
The forum was divided into two panels. In the first, entitled “Global Governance and Reform of the International Financial System,” the Minister of Foreign Affairs of Trinidad and Tobago, Winston Dookeran said that while the financial sector in the Caribbean is strong, the region is in deficit. In this context, Minister Dookeran said it is necessary to ask, “How do we convert the strength of financial flows in the region to deal with the financial deficits in the public sector, and how do we do that and ensure that there is sustainability of confidence in the process?
“The financial challenge is one of development,” he added, “in the region we are not isolated or shielded, so we have to adopt a strategy consistent with global developments.”
The First Deputy Managing Director of the Institute of International Finance, Hung Tran, spoke of trade relations between China and Latin America, and explained that the trade and investment flows have increased significantly in the last 10 years. “It is clear that such a blossoming relationship needs to be embedded in a robust governance framework to sustain it, to make it grow further and to guard against potential hiccups. We have learned from the great crisis that the larger the investment and lending flows, the greater the need for transparency for governments, the private sector, private investors and consumers to make decisions correctly,” Tran said.
For his part, the President of the US Association of the Club of Rome, Francesco Stipo, said that “globalization creates several issues that need to be regulated by an international organisation because a single nation cannot regulate them by itself.” Existing institutions such as the G20, do not have the ability to coordinate responses to global financial issues, according to Stipo, and therefore, “the solution is in the reform of the United Nations, to reflect the changes that have happened in the last 60 years, the organization should be better coordinated and centralized to face the global challenges of the new millenium.”
Moderator of the first panel, Richard Bernal, Advisor to the Executive Director for the Caribbean of the Inter-American Development Bank (IDB), highlighted the common thread in the presentations of Dookeran, Stipo and Tran, who concurred that “there is an urgent need for some type of governance structure that is coherent, comprehensive, and transparent and allow all countries to participate in a way that reflects their economic weight.”
The second session of the event focused on “Sustainable Development, Capital Markets and Debt Management in the Western Hemisphere” and was moderated by the Managing Director of Plantation International, Rodrigo Valderrama, who encouraged the panelists to present their perspectives and experiences on promoting global investments, and how the various corporate bodies, NGOs and governments promote and analyze investment in the countries of the region.
The Executive Director of the Bertelsmann Foundation, Annette Heuser, focused her presentation on the analysis of the European crisis and how this could affect the financial stability of Latin American countries. “If the European crisis continues, subsidies from European banks may be affected,” she said, referring...>