Runway Growth Capital LLC Announces Expansion of Origination Team

CHICAGO, Oct. 3, 2018 /PRNewswire/ -- Today, Runway Growth Capital LLC ("Runway" or the "Company") announced two new members to the Company's origination team. Jaime J. Lewis joins as Managing Director + Head of Northeast Origination, to lead origination efforts in the Northeast region of the United States. He is located in the Company's New York office located in SoHo. Brian J. Sapp joins as Managing Director + Head of West Coast Origination, to lead originations on the West Coast and is located in the Company's Silicon Valley office located in Woodside, CA.

In announcing this news, David Spreng, Runway's Founder and CEO said, "I am delighted to have Jaime and Brian in these important leadership roles on our origination team. Jaime and Brian are experienced investment professionals who are well known and respected by the venture capital and growth equity communities. We believe that their addition to the origination team substantially expands our ability to support the needs of sponsored and non-sponsored companies that are seeking growth capital in the form of debt as an alternative to equity."

Jaime Lewis said, "Runway has quickly established itself as an important lender to sponsored and non-sponsored companies by providing structured debt solutions that help fast-growing companies finance their expansion plans. I am excited to be a part of this team and look forward to working with the many exciting and innovative companies in the Northeastern U.S."  Brian Sapp added, "I am very enthusiastic about expanding Runway's presence in Silicon Valley and bringing an alternative for growth loans to the venture capital, growth equity, and privately-owned business communities. I am joining a great team of investment professionals with a long track record of success."

David Spreng further commented, "Jaime and Brian join Mark Donnelly, Managing Director + Head of Midwest Origination who is located in our Chicago, IL office. These three experienced and highly capable professionals are the backbone of our national origination footprint and enhance our ability to rapidly become the market leader in sponsored and non-sponsored growth lending."

About Runway Growth Capital LLC and Runway Growth Credit Fund, Inc.

Runway Growth Capital LLC is the exclusive investment advisor to Runway Growth Credit Fund Inc. Runway Growth Credit Fund Inc. is a lender of growth capital to companies seeking an alternative to raising equity. Led by industry veteran David Spreng, the fund provides senior term loans of $5 million to $30 million to fast-growing companies based in the United States and Canada. Runway Growth Credit Fund Inc. is a closed end investment fund which is regulated as a business development company under the Investment Company Act of 1940. For more on the fund and its manager, Runway Growth Capital LLC, please visit our website at www.runwaygrowth.com.

SOURCE Runway Growth Capital LLC