Promotion of Avisha Khubani#
Runway Growth Capital LLC, based in Menlo Park, California, has announced the promotion of Avisha Khubani to the role of Chief Credit Officer. In her new position, Khubani will manage the firm’s credit operations, which include monitoring investment portfolios, assessing their value, and managing risks. She has been with Runway since October 2018, previously serving as Managing Director of Portfolio Analytics. Before joining Runway, she worked as Vice President at Duff & Phelps, focusing on portfolio valuation.
New Appointment of John D. Tamas#
Alongside Khubani's promotion, Runway has appointed John D. Tamas as Managing Director, concentrating on healthcare and life sciences investments. Tamas comes to Runway after the acquisition of SWK Holdings by Runway Growth Finance Corp. He previously held the position of Director of Underwriting at SWK Holdings and has experience in investment roles at NXT Capital and Orix Corporation.
Company Overview and Recent Developments#
Runway Growth Capital serves as an investment adviser to Runway Growth Finance Corp. and other private funds, providing senior term loans ranging from $10 million to $150 million to companies in the U.S. and Canada. Recently, Runway Growth Finance Corp. completed its acquisition of SWK Holdings for $249 million, which included both cash and stock components. Despite this strategic move, the company reported disappointing earnings for the fourth quarter of 2025, with net investment income per share falling short of expectations. Analysts have expressed concerns regarding dividend coverage, leading to a Hold rating from Clear Street and a lowered price target from Lucid Capital Markets.
Conclusion#
The promotions and appointments at Runway Growth Capital reflect the firm's ongoing efforts to strengthen its management team and adapt to market challenges. As it navigates recent acquisitions and earnings reports, the company continues to focus on its core investment strategies.