Mount Logan Capital Inc. Announces Strategic Minority Investment in Leading North American Lending Platform
Runway Growth Finance (RWAY) GlobeNewswire News Room·2024-11-01 06:40
BC Partners Credit agreed to indirectly acquire a majority stake in Runway Growth Capital LLC, an SEC registered investment adviser, managing approximately $1.4 billion in private credit assets Mount Logan purchasing the remaining minority stake in Runway through the issuance of $5 million common shares of Mount Logan Runway focuses on providing $30 to $150 million senior loans to fast-growing North American companies Mount Logan and BC Partners’ investment benefits existing Runway investors through origina ...