We are a specialty finance company focused on providing 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. We partner with established venture capital sponsors and directly with entrepreneurs seeking funding to accelerate growth. We are managed by our adviser, Runway Growth Capital, an experienced provider of growth financing for dynamic late- and growth-stage companies. Our investment objective is to maximize our total return to our stockholders primarily through current income on our loan portfolio and secondarily through capital appreciation on our warrants and other equity positions, by providing our portfolio companies with financing solutions that are more flexible than traditional credit and less dilutive than equity.

At June 30, 2021, we had an investment portfolio of $618 million at fair value and a net asset value of $478 million. We and Runway Growth Capital have a strategic relationship with Oaktree Capital Management, L.P. (“Oaktree”), a leading global alternative investment management firm with expertise in credit strategies and $156 billion of assets under management as of June 30, 2021.

We are structured as an externally managed, non-diversified closed-end management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”).

(Note: Runway Growth Finance Corp. priced its IPO on Oct. 20, 2021, at $14.60 – the bottom of its $14.60-to-$15.60 price range – on 6.85 million shares, the number of shares in the prospectus, to raise $100.01 million.)