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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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SCHEDULE 13D/A 0001693272 XXXXXXXX LIVE 20 Common Stock, par value $0.01 per share 11/17/2025 false 0001653384 78163D100 Runway Growth Finance Corp. 205 N. Michigan Ave. Suite 4200 Chicago IL 60601 Richard Ting (213) 830-6300 Oaktree Capital Management, L.P. 333 S. Grand Avenue, 28th Floor Los Angeles CA 90071 0001693272 N OCM Growth Holdings LLC OO N DE 0 7029668 0 7029668 7029668 N 19.45 OO The percent of class is calculated based on 36,134,037 shares of Common Stock outstanding as of November 4, 2025 as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission ("SEC") on November 6, 2025 (the "10-Q"). Y Oaktree Capital Holdings, LLC N DE 0 7029668 0 7029668 7029668 N 19.45 OO The percent of class is calculated based on 36,134,037 shares of Common Stock outstanding as of November 4, 2025 as reported in the Issuer's Form 10-Q filed with the SEC on November 6, 2025. Y Oaktree Capital Group Holdings GP, LLC N DE 0 7029668 0 7029668 7029668 N 19.45 OO The percent of class is calculated based on 36,134,037 shares of Common Stock outstanding as of November 4, 2025 as reported in the Issuer's Form 10-Q filed with the SEC on November 6, 2025. Common Stock, par value $0.01 per share Runway Growth Finance Corp. 205 N. Michigan Ave. Suite 4200 Chicago IL 60601 This Amendment No. 20 to Schedule 13D (this "Amendment No. 20") amends and supplements the statement on Schedule 13D originally filed with the SEC on December 28, 2016, as amended by Amendment No. 1 to Schedule 13D filed with the SEC on April 21, 2017, Amendment No. 2 to Schedule 13D filed with the SEC on June 15, 2017, Amendment No. 3 to Schedule 13D filed with the SEC on September 7, 2017, Amendment No. 4 to Schedule 13D filed with the SEC on December 12, 2017, Amendment No. 5 to Schedule 13D filed with the SEC on October 3, 2019, Amendment No. 6 to Schedule 13D filed with the SEC on December 20, 2019, Amendment No. 7 to Schedule 13D filed with the SEC on August 24, 2020, Amendment No. 8 to Schedule 13D filed with the SEC on October 19, 2020, Amendment No. 9 to Schedule 13D filed with the SEC on February 23, 2022, Amendment No. 10 to Schedule 13D filed with the SEC on July 6, 2023, Amendment No. 11 to Schedule 13D filed with the SEC on November 16, 2023, Amendment No. 12 to Schedule 13D filed with the SEC on December 14, 2023, Amendment No. 13 to Schedule 13D filed with the SEC on March 20, 2024, and Amendment No. 14 to Schedule 13D filed with the SEC on May 9, 2024, Amendment No. 15 to Schedule 13D filed with the SEC on May 16, 2024, Amendment No. 16 to Schedule 13D filed with the SEC on June 12, 2024, Amendment No. 17 to Schedule 13D filed with the SEC on November 14, 2024, Amendment No. 18 to Schedule 13D filed with the SEC on April 3, 2025, and Amendment No. 19 filed with the SEC on July 3, 2025 (as so amended, the "Schedule 13D"), with respect to shares of Common Stock of Runway Growth Finance Corp., a Maryland corporation. The address of the principal executive office of the Issuer is Runway Growth Finance Corp., 205 N. Michigan Ave, Stuie 4200, Chicago, IL 60601. Unless otherwise indicated, each capitalized term used but not otherwise defined herein shall have the meaning assigned to such term in the Schedule 13D. From and after the date hereof, all references in the Schedule 13D to the Schedule 13D or terms of similar import shall be deemed to refer to the Schedule 13D as amended and supplemented by the foregoing amendments. Except as specifically provided herein, this Amendment No. 20 does not modify any of the information previously reported in the Statement. Item 5(a) of the Schedule 13D is hereby amended and restated as follows: The information set forth in rows (11) and (13) of the cover pages of this Schedule 13D is incorporated by reference into this Item 5. The Reporting Persons hold an aggregate 7,029,668 shares of Common Stock, representing approximately 19.45% of the Common Stock outstanding as of the date hereof. All such ownership percentages of the securities reported herein are based upon 36,134,037 shares of Common Stock outstanding as of November 4, 2025 as reported in the Issuer's Form 10-Q filed with the SEC on November 6, 2025. OCM Growth directly holds the Issuer's Common Stock and has shared power to vote and dispose of the Issuer's Common Stock. OCH, in its capacity as the indirect manager of OCM Growth, may be deemed to have indirect beneficial ownership of the shares of Common Stock held by OCM Growth. OCGH GP, in its capacity as the indirect owner of the class B units of OCH, has the ability to appoint and remove certain directors of OCH and, as such, may indirectly control the decisions of OCH regarding the vote and disposition of securities held by OCM Growth. Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission by any of the Reporting Persons that it is the beneficial owner of any of the Common Stock referred to herein for the purposes of Section 13(d) of the Act, or for any other purpose. Item 5(b) of the Schedule 13D is hereby amended and restated as follows: The information set forth in rows (7) through (10) of the cover pages of this Schedule 13D is incorporated by reference into this Item 5. On November 17, 2025, the Reporting Persons sold 1,250,000 shares of Common Stock for $9.05 per share, pursuant to a Rule 144 block sale. Not applicable. Not applicable. OCM Growth Holdings LLC /s/ Henry Orren Henry Orren / Managing Director 11/19/2025 Oaktree Capital Holdings, LLC /s/ Henry Orren Henry Orren / Managing Director 11/19/2025 Oaktree Capital Group Holdings GP, LLC /s/ Henry Orren Henry Orren / Managing Director 11/19/2025