Runway Growth Finance Corp. is a closed-end investment company, which engages in the provision of senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products, and other high-growth industries. The company is headquartered in Chicago, Illinois and currently employs 0 full-time employees. The company went IPO on 2021-10-21. The firm is focused on providing senior secured loans to high growth-potential companies in technology, healthcare, business services, financial services, select consumer services and products and other high-growth industries. Its investment objective is to maximize its total return to its stockholders primarily through current income on the Company's loan portfolio and secondarily through capital gain (loss) on its warrants and other equity positions. The firm invests in senior secured term loans and other senior debt obligations, and it also invests in second lien loans issued by high growth-potential companies. The firm originates its investments through two strategies: Sponsored Growth Lending and Non-Sponsored Growth Lending. The company also invests in secured loans, and acquires equity securities as well, including warrants. The firm is externally managed by Runway Growth Capital LLC (RGC).
Follow-Up Questions
What is Runway Growth Finance Corp (RWAYZ)'s P/E Ratio?
The P/E ratio of Runway Growth Finance Corp is 5.1514
Who is the CEO of Runway Growth Finance Corp?
Mr. R. David Spreng is the Chairman of the Board of Runway Growth Finance Corp, joining the firm since 2024.
What is the price performance of RWAYZ stock?
The current price of RWAYZ is $25.32, it has increased 0.07% in the last trading day.
What are the primary business themes or industries for Runway Growth Finance Corp?
Runway Growth Finance Corp belongs to Financial Services industry and the sector is Financials
What is Runway Growth Finance Corp market cap?
Runway Growth Finance Corp's current market cap is $917.0M
Is Runway Growth Finance Corp a buy, sell, or hold?
According to wall street analysts, 13 analysts have made analyst ratings for Runway Growth Finance Corp, including 3 strong buy, 6 buy, 7 hold, 0 sell, and 3 strong sell