Runway Growth Finance Corp. announced that the Company has established a joint venture (?JV?) with Cadma Capital Partners. Cadma provides asset-backed financing to venture and growth lenders, high-growth companies, and financial sponsors.

The newly formed joint venture, Runway-Cadma I LLC, will be an equal partnership between Runway and Cadma. The joint venture, with financing capacity of up to $200 million, will focus on financing private and sponsor-backed late- and growth-stage companies.