Runway Growth forms $200M joint venture with Cadma Capital Partners (Apollo affiliate)

Runway Growth Finance Corp.

Runway-Cadma I LLC will be an equal partnership between Runway and Cadma.
JV has financing capacity up to $200 million for late- and growth-stage companies.
Focus includes first/second lien senior secured term loans and revolving credit facilities.
Cadma Capital Partners is a credit platform affiliated with Apollo Global Management.
Runway will increase presence in growth lending markets through the partnership.

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