other material
confidence high
sentiment neutral
materiality 0.60
Runway Growth Capital closes acquisition by BC Partners Credit and Mount Logan Capital
Runway Growth Finance Corp.
- New advisory agreement effective Jan 30, 2025, with same fee structure and services as prior agreement.
- RGC Group Acquisition, owned by BC Partners' SOF III fund, acquired all equity interests of the adviser.
- Adviser continues to serve as external investment manager for RWAY; current leadership and team remain.
- BC Partners Credit manages $8B; parent BC Partners has ~$40B AUM; Mount Logan Capital made minority investment.
- Transaction originally announced Oct 2024; closing follows stockholder approval and regulatory clearance.