# Runway Growth Capital LLC

> Runway Growth Capital LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2016, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 14, 2026.

- CRD: 281514
- Filed as: RUNWAY GROWTH CAPITAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: August 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/281514
- AdvisorCensus page: https://advisorcensus.com/firm/runway-growth-capital-llc-chicago-il-281514

## Quick answers

**How is Runway Growth Capital LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Runway Growth Capital LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Runway Growth Capital LLC located?**
Runway Growth Capital LLC's principal office is in Chicago, IL, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Runway Growth Capital LLC registered with the SEC or a state?**
Runway Growth Capital LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 281514.

**How much does Runway Growth Capital LLC manage?**
Runway Growth Capital LLC reports $1,032,659,136 in regulatory assets under management in its Form ADV filing dated August 14, 2026 (100% discretionary).

**How have Runway Growth Capital LLC's assets and staff changed since 2021?**
In the Form ADV data for Runway Growth Capital LLC: Regulatory assets under management: $740,891,397 in the October 2021 data and $1,032,659,136 in the October 2026 data, up 39%. Total employees: 14 in October 2021 and 26 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Runway Growth Capital LLC serve?**
By number of clients on Form ADV Item 5.D: business development companies (1); pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Runway Growth Capital LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/281514

**What changed in Runway Growth Capital LLC's recent Form ADV filings?**
In the September 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $1,032,659,136
- Discretionary: $1,032,659,136
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Business development companies | 1 | $945,577,000 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $87,082,136 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2016 (9 years)
- Employees: 26 total, 15 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Menlo Park, CA
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- runwaygrowth.com
- LinkedIn @runway-growth-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $740,891,397 | 14 | March 30, 2021 |
| October 2022 | $998,472,756 | 19 | March 31, 2022 |
| October 2023 | $1,459,469,467 | 28 | March 31, 2023 |
| October 2024 | $1,418,987,297 | 28 | March 28, 2024 |
| October 2025 | $1,369,625,477 | 28 | March 31, 2025 |
| October 2026 | $1,032,659,136 | 26 | August 14, 2026 |

Regulatory assets under management: $740,891,397 in the October 2021 data and $1,032,659,136 in the October 2026 data, up 39%.
Total employees: 14 in October 2021 and 26 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Updated its list of owners and control persons (Schedule A).

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 16 to 15.
- Regulatory assets under management went from $1,369,625,477 to $1,032,659,136 (-25%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Runway Growth Capital LLC (CRD 281514): Form ADV filing data as of October 2026.