Runway Growth Finance: Solid BDC But Stagnant NAV Due To Decreased Venture Deals
Belden(BDC) seekingalpha.com·2024-05-18 05:21
J Studios/DigitalVision via Getty Images Overview Runway Growth Finance (NASDAQ:RWAY) is a bit of a different type of business development company than I usually cover. I've covered a ton of BDC that invest in early to mid-stage companies that are looking to raise capital to fuel growth but RWAY takes a different approach by focusing on late-stage growth companies and venture capital. These companies are a bit more matured and as a result, allows RWAY to lend growth capital with minimal dilution. RWAY i ...