Private credit: what critics miss and what founders need to know

David Spreng is the founder and CEO of Runway Growth Capital and chairs the firm’s investment committee. With 30 years of experience as a venture capitalist and growth debt lender, he has helped form and develop nearly 50 technology companies and has been ranked four times by Forbes magazine on its annual Midas List as one of the top 50 venture capitalists.

Ted Goldthorpe is a Partner and Head of BC Partners Credit, which he co-founded in 2017. Based in New York, he has over two decades of experience in credit and special situations investing, having previously served as President of Apollo Investment Corporation and Chief Investment Officer of Apollo Investment Management. Earlier in his career, he was a Managing Director in Goldman Sachs’ Special Situations Group, where he led the Bank Loan and Distressed Investing Desk.