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Runway Growth Finance Corp. Provides First Quarter 2024 Portfolio Update

Runway Growth Finance Corp. (RWAY) 
Company Research Source: GlobeNewswire
MENLO PARK, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided an operational and portfolio update for the first quarter ended March 31, 2024. “In the first quarter, we saw heightened pipeline activity and executed on investments that demonstrate our disciplined lending strategy to attractive late and growth stage companies,” said Greg Greifeld, Acting Chief Executive Officer of Runway Growth, and Deputy Chief Investment Officer and Head of Credit of Runway Growth Capital LLC. “We are focused on prudently deploying leverage to enhance long-term shareholder value and are encouraged by the opportunity we see in our target asset class. The late and growth stage companies that make up our existing and prospective borrowers are insulated from much of the volatility we see in th Show less Read more
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