Business
Runway Growth Capital LLC Adds Brannon Morisoli to its Life Sciences Team
- Brannon Morisoli Joins Runway as Managing Director, Life Sciences; Brings a Strong Foundation of Industry Knowledge and Existing Relationships to the Firm -
About this update from Runway Growth Finance Corp.
[{"type":"text","content":"- Brannon Morisoli Joins Runway as Managing Director, Life Sciences; Brings a Strong Foundation of Industry Knowledge and Existing Relationships to the Firm -\nWOODSIDE, Calif., Aug. 16, 2022 /PRNewswire/ -- Runway Growth Capital LLC (\"Runway\" or the \"Company\"), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, announced today that it has hired Brannon Morisoli as Managing Director, Life Sciences.\n\n \n \n \n \n \n \n\n \nOperating out of Dallas and reporting directly to Life Sciences Managing Director, Igor DaCruz, Morisoli will focus on investments in the life sciences industry, structuring flexible debt capital solutions for borrowers that will enable them to stay focused on achieving their business goals. Morisoli aims to continue building relationships with leading venture capital firms that support top management teams in life sciences, while expanding the firm's banking and broker relationships.\n\"We are excited for Brannon to join Runway, where he will be responsible for identifying life sciences companies that can benefit from debt to bolster their balance sheet and fuel growth,\" said DaCruz. \"Life sciences continues to be a strong area of focus for Runway. Brannon's sector expertise, origination experience, and vast life sciences network, makes him an ideal fit to continue growing the practice.\"\n\"I was attracted to Runway because of its rapid growth, strong brand, and reputation for being a great partner. The firm is taking all the right steps to grow the business and achieve its goals,\" said Morisoli. \"I am excited to be a part of the life sciences team, where there is already a solid foundation in place and a tremendous opportunity for growth. I look forward to helping Igor execute Runway's vision for the Life Sciences franchise while utilizing my skills, experience and passion for the benefits that venture debt offers late and growth-stage companies.\nBefore Runway, Morisoli was a Director at SWK Holdings, where he focused on providing innovative capital solutions to a broad range of healthcare and life science companies. Prior to joining SWK, Morisoli was an Investment Analyst for Presidium Group, where he played an integral role in closing over $100 million in transactions for the real estate private equity firm. Morisoli has ...