Runway Growth Capital Promotes Avisha Khubani to Chief Credit Officer and Adds JD Tamas as Managing Director
Rhea-AI Summary
Runway Growth Capital (RWAY) promoted Avisha Khubani to Chief Credit Officer and hired John D. "JD" Tamas as Managing Director for healthcare and life sciences, effective May 6, 2026. Khubani will oversee portfolio monitoring, valuation, and risk management; Tamas joins following Runway Growth Finance Corp.'s acquisition of SWK Holdings to expand sector capabilities.
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News Market Reaction – RWAY
In the May 7 session, RWAY gained 0.29%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 15 | Earnings call date | Neutral | +4.8% | Set Q1 2026 results release and conference call timing for investors. |
| Apr 07 | Acquisition close | Positive | -2.8% | Closed SWK Holdings acquisition, expanding assets and healthcare exposure. |
| Mar 12 | Earnings results | Positive | -7.4% | Reported FY 2025 results, strong income metrics, and declared dividend. |
| Feb 26 | Dividend declaration | Positive | +1.0% | Announced Q1 2026 cash dividend of $0.33 per share. |
| Feb 10 | Earnings call date | Neutral | +1.5% | Scheduled Q4 and FY 2025 results release and conference call. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent history shows mixed reactions: the SWK acquisition and strong FY 2025 metrics drew negative moves, while dividends and earnings-date announcements tended to see modest gains.
Over the last few months, RWAY has focused on growth and capital structure. It closed the SWK Holdings acquisition on Apr 6, 2026, lifting pro forma assets to $1.2 billion and healthcare/life sciences exposure to about 32%. FY 2025 results highlighted a $927.4M portfolio and $137.3M total investment income, alongside a $0.33 quarterly dividend. Earnings call dates on Feb 10 and Apr 15 and a Q1 2026 dividend announcement on Feb 26 also framed expectations. Today’s leadership moves build on this expanded credit platform and sector focus.
Key Terms
private credit financial
structured finance financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Personnel moves expand the firm's credit leadership and strengthen its healthcare and life sciences investing capabilities
In her new role, Khubani will help oversee Runway's credit function, including portfolio monitoring, valuation, and ongoing risk management, while working with the investment team to support the firm's disciplined credit strategy. Tamas joins Runway's investment team following Runway Growth Finance Corp.'s recent acquisition of SWK Holdings, helping to expand the firm's capabilities and relationships across the healthcare and life sciences sectors.
"Avisha has played a critical role in building and scaling our portfolio analytics and credit capabilities over the past eight years, and her promotion reflects her exceptional judgment, analytical rigor, and leadership," said David Spreng, Founder, CEO, and Chief Investment Officer of Runway Growth Capital. "We're also excited to welcome JD, whose experience underwriting and investing across healthcare and life sciences strengthens our investment capabilities."
Khubani, who most recently served as Managing Director, Portfolio Analytics, joined Runway in October 2018 and has held roles of increasing responsibility across portfolio valuation, analytics, and portfolio monitoring and management. Before joining Runway, she was a Vice President at Duff & Phelps in the Portfolio Valuation service line, where she performed valuations of portfolios of illiquid equity interests held by large private equity funds and valued complex portfolios of private loans and equity.
"I'm excited to step into this role and continue working with such a thoughtful and talented team," explained Khubani. "Runway has always taken a disciplined, partnership-oriented approach, and I look forward to building on that as we support our portfolio companies and investors."
Tamas joins Runway as Managing Director, focused on the healthcare and life sciences industries. He previously served as Director of Underwriting at SWK Holdings and has held investment roles across the private credit and structured finance markets, including at NXT Capital and Orix Corporation.
"I'm eager to join Runway and contribute to its continued growth with my experience structuring healthcare-focused credit investments," added Tamas. "I look forward to helping expand the firm's network and capabilities across healthcare and life sciences."
Khubani received her M.B.A. from New York University Stern School of Business and her undergraduate degree from Montclair State University. Tamas holds an M.B.A. from The Wharton School and an undergraduate degree from the University of
About Runway Growth Capital LLC
Runway Growth Capital LLC is the investment adviser to investment funds, including Runway Growth Finance Corp. (Nasdaq: RWAY), a business development company, and other private funds, which are lenders of growth capital to companies seeking an alternative to raising equity. Led by industry veteran David Spreng, these funds provide senior term loans of a target of
Forward-Looking Statements
Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition, or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission made by Runway and Runway's affiliated funds. Neither Runway nor Runway's affiliated funds undertake a duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
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SOURCE Runway Growth Capital LLC