Runway Growth Capital Names Greg Greifeld Chief Investment Officer

PR Newswire

MENLO PARK, Calif., Feb. 21, 2025

Mr. Greifeld was elevated to CIO role after serving as Managing Director, Deputy Chief Investment Officer, and Head of Credit.

MENLO PARK, Calif., Feb. 21, 2025 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to venture and non-venture backed companies seeking an alternative to raising equity, today announced that Greg Greifeld has been promoted to Chief Investment Officer. In his new role, Mr. Greifeld will oversee Runway's investment strategy, deal structuring, and portfolio management as the firm continues its mission of providing flexible financing solutions to high-growth companies.

Mr. Greifeld, who previously served as Managing Director, Deputy Chief Investment Officer, and Head of Credit at Runway, will take on an expanded leadership role in Runway's investment decisions, working to enhance underwriting discipline, expand industry relationships, and identify strategic growth opportunities. His promotion recognizes his significant contributions to Runway's investment platform, credit processes, and portfolio performance.

"Greg's leadership and deep understanding of growth lending markets have been instrumental to Runway's success," said David Spreng, Founder and Chief Executive Officer of Runway. "As CIO, Greg will continue to shape and strengthen our investment strategy, ensuring we provide the most effective capital solutions for our borrowers while delivering strong returns for our investors. His expertise in structuring deals and managing risk has made him an invaluable leader within our firm."

Under Mr. Greifeld's leadership, Runway has developed industry-leading underwriting, monitoring, and portfolio management tools that have contributed to its track record of strong credit performance. He was recognized in Venture Capital Journal's "40 Rising Stars Under 40" and Private Debt Investor's "Rising Stars 2020" for his role in advancing the firm's investment strategies and operational efficiency.

"It's an honor to step into the role of Chief Investment Officer at Runway," said Greifeld. "Runway has built a best-in-class investment platform that provides critical growth capital to innovative companies. I look forward to leading our investment team as we continue to support entrepreneurs and scale businesses in a disciplined, risk-aware manner."

About Runway Growth Capital LLC

Runway Growth Capital LLC is the investment adviser to investment funds, including Runway Growth Finance Corp. (Nasdaq: RWAY), a business development company, and other private funds, which are lenders of growth capital to companies seeking an alternative to raising equity. Led by industry veteran David Spreng, these funds provide senior term loans of a target of $10 million to $150 million to fast-growing companies based in the United States and Canada. For more information on Runway Growth Capital LLC and its platform, please visit www.runwaygrowth.com.

Forward-Looking Statements

Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition, or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Runway's filings with the Securities and Exchange Commission. Runway undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

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SOURCE Runway Growth Capital LLC

/CONTACT: Jason Holley, jholley@im ctpartners.llc

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February 21, 2025 16:30 ET (21:30 GMT)