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Runway Growth Credit Fund Provides Fourth Quarter 2020 Portfolio Update
- $132.4 Million in Funded Loans
- Total Loan and Investment Originations Since Inception Grows To $857.4 Million and $769.5 Million in Funded Investments
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WOODSIDE, Calif., Jan. 12, 2021 /PRNewswire/ Runway Growth Credit Fund Inc. (the Fund or Runway Growth ), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, provided an operational and portfolio update for the fourth quarter ended December 31, 2020. Investment activity was strong during the fourth quarter and we believe that our pipeline entering 2021 is quite attractive. We completed $132.4 million in loans and other investments to new and existing portfolio companies during the fourth quarter. We are seeing strong interest in our life sciences vertical and demand for growth loans in the technology sector is increasing