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Runway Growth Finance (RWAY) - 2025 Q1 - Earnings Call Presentation

Company Overview and Strategy - Runway Growth Finance Corp is focused on venture debt with a fully-scaled platform, emphasizing a disciplined investment process and strong balance sheet [14] - The company aims to deliver comprehensive financing solutions and execute larger deals with the backing of BC Partners [14] - Runway Growth intends to expand origination channels and strengthen sourcing capabilities through BC Partners' investment platform [15] Portfolio Performance and Risk - The company's disciplined investment approach has resulted in a low annualized loss rate of 7 bps [9] - Cumulative net loss rate since inception is 56 bps [9] - As of March 31, 2025, the portfolio at fair value was $1,004 million [24] - 98% of the loan structure is first lien [29] - 96% of the portfolio has a weighted average risk rating of 3 or better [60] Financial Highlights - Total loan commitments amount to $3 billion [29] - The average loan commitment is $34.8 million [29] - As of March 31, 2025, total investment income was $35.398 million [71]