Runway Growth Finance Corp. announced the appointment of Ted Goldthorpe as Chair of its Board of Directors, effective March 21, 2025. Mr. Goldthorpe is also the Head of BC Partners Credit, which recently acquired Runway Growth Capital LLC, RWAY's investment adviser.
This appointment is a direct consequence of the completed business combination between Runway Growth Capital and BC Partners Credit. It is expected to enhance the company's governance profile and strategic direction, leveraging BC Partners' scale and resources.
The new leadership is anticipated to contribute to Runway Growth's efforts to optimize its portfolio and expand its suite of financing solutions for current and prospective borrowers. This move aligns the board leadership with the new ownership structure of the investment adviser.
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