Runway Growth Capital appoints Michael Rovner co-CEO

Runway Growth Finance Corporation LLC, a growth lending firm, announced on August 7, 2026, the appointment of Michael Rovner as Co-Chief Executive Officer and Co-Chief Investment Officer, sharing both titles with founder David Spreng. Rovner, a veteran investor with over 30 years of experience in growth lending, private credit, and technology, joins from BC Partners, where he served as Managing Director following BC Partners' 2023 acquisition of Ovation Partners, a firm Rovner co-founded and led as CEO. The appointment deepens the alignment between Runway and TVS Credit Services, which acquired Runway in January 2025. Rovner's background includes co-founding Vida AB, serving as a partner at Austin Ventures, and involvement with early-stage technology companies such as Empart Technology, Stanford Technology Group, and Mission Critical Software. Together with Spreng, Rovner will guide Runway's investment strategy and expansion, maintaining its credit-first underwriting discipline. Runway serves as investment adviser to Runway Growth Finance Corporation (Nasdaq: RWAY) and private funds, providing senior term loans of $10 million to $150 million to growth-stage companies primarily in the United States and Canada.