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SC 13D Filing
Runway Growth Finance (RWAY) SC 13DBeneficial ownership report
Filed: 28 Dec 16, 12:00am
GSV Growth Credit Fund Inc. |
(Name of Issuer) |
Common Stock, par value $0.01 |
(Title of Class of Securities) |
None |
(CUSIP Number) |
Todd E. Molz General Counsel, Chief Administrative Officer & Managing Director Oaktree Capital Group Holdings GP, LLC 333 South Grand Avenue, 28th Floor Los Angeles, California 90071 (213) 830-6300 |
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
December 16, 2016 |
(Date of Event which Requires Filing of this Statement) |
CUSIP No. | Page 2 of 22 Pages | |
1 | NAME OF REPORTING PERSON | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | |||||
OCM Growth Holdings, LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
3 | SEC USE ONLY | ||||
4 | SOURCE OF FUNDS | ||||
OO (See item 3) | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | |||
198,506.46 | |||||
8 | SHARED VOTING POWER | ||||
9 | SOLE DISPOSITIVE POWER | ||||
198,506.46 | |||||
10 | SHARED DISPOSITIVE POWER | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
198,506.46 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ☐ | |||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
59.2556% | |||||
14 | TYPE OF REPORTING PERSON* | ||||
OO | |||||
CUSIP No. | Page 3 of 22 Pages | |
1 | NAME OF REPORTING PERSON | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | |||||
Oaktree Fund GP, LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
3 | SEC USE ONLY | ||||
4 | SOURCE OF FUNDS* | ||||
Not Applicable | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | |||
198,506.46* | |||||
8 | SHARED VOTING POWER | ||||
9 | SOLE DISPOSITIVE POWER | ||||
198,506.46* | |||||
10 | SHARED DISPOSITIVE POWER | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
198,506.46 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | ☐ | |||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
59.2556% | |||||
14 | TYPE OF REPORTING PERSON* | ||||
OO | |||||
CUSIP No. | Page 4 of 22 Pages | |
1 | NAME OF REPORTING PERSON | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | |||||
Oaktree Fund GP I, L.P. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
3 | SEC USE ONLY | ||||
4 | SOURCE OF FUNDS* | ||||
Not Applicable | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | |||
198,506.46* | |||||
8 | SHARED VOTING POWER | ||||
9 | SOLE DISPOSITIVE POWER | ||||
198,506.46* | |||||
10 | SHARED DISPOSITIVE POWER | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
198,506.46 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | ☐ | |||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
59.2556% | |||||
14 | TYPE OF REPORTING PERSON* | ||||
PN | |||||
CUSIP No. | Page 5 of 22 Pages | |
1 | NAME OF REPORTING PERSON | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | |||||
Oaktree Capital I, L.P. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
3 | SEC USE ONLY | ||||
4 | SOURCE OF FUNDS* | ||||
Not Applicable | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | |||
198,506.46* | |||||
8 | SHARED VOTING POWER | ||||
9 | SOLE DISPOSITIVE POWER | ||||
198,506.46* | |||||
10 | SHARED DISPOSITIVE POWER | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
198,506.46 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | ☐ | |||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
59.2556% | |||||
14 | TYPE OF REPORTING PERSON* | ||||
PN | |||||
CUSIP No. | Page 6 of 22 Pages | |
1 | NAME OF REPORTING PERSON | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | |||||
OCM Holdings I, LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
3 | SEC USE ONLY | ||||
4 | SOURCE OF FUNDS* | ||||
Not Applicable | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | |||
198,506.46* | |||||
8 | SHARED VOTING POWER | ||||
9 | SOLE DISPOSITIVE POWER | ||||
198,506.46* | |||||
10 | SHARED DISPOSITIVE POWER | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
198,506.46 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | ☐ | |||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
59.2556% | |||||
14 | TYPE OF REPORTING PERSON* | ||||
OO | |||||
CUSIP No. | Page 7 of 22 Pages | |
1 | NAME OF REPORTING PERSON | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | |||||
Oaktree Holdings, LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
3 | SEC USE ONLY | ||||
4 | SOURCE OF FUNDS* | ||||
Not Applicable | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | |||
198,506.46* | |||||
8 | SHARED VOTING POWER | ||||
9 | SOLE DISPOSITIVE POWER | ||||
198,506.46* | |||||
10 | SHARED DISPOSITIVE POWER | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
198,506.46 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | ☐ | |||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
59.2556% | |||||
14 | TYPE OF REPORTING PERSON* | ||||
OO | |||||
CUSIP No. | Page 8 of 22 Pages | |
1 | NAME OF REPORTING PERSON | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | |||||
Oaktree Capital Group, LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
3 | SEC USE ONLY | ||||
4 | SOURCE OF FUNDS* | ||||
Not Applicable | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | |||
198,506.46* | |||||
8 | SHARED VOTING POWER | ||||
9 | SOLE DISPOSITIVE POWER | ||||
198,506.46* | |||||
10 | SHARED DISPOSITIVE POWER | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
198,506.46 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | ☐ | |||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
59.2556% | |||||
14 | TYPE OF REPORTING PERSON* | ||||
OO | |||||
CUSIP No. | Page 9 of 22 Pages | |
1 | NAME OF REPORTING PERSON | ||||
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | |||||
Oaktree Capital Group Holdings GP, LLC | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) | ☐ | ||
(b) | ☐ | ||||
3 | SEC USE ONLY | ||||
4 | SOURCE OF FUNDS* | ||||
Not Applicable | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | ☐ | |||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION | ||||
Delaware | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER | |||
198,506.46* | |||||
8 | SHARED VOTING POWER | ||||
9 | SOLE DISPOSITIVE POWER | ||||
198,506.46* | |||||
10 | SHARED DISPOSITIVE POWER | ||||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | ||||
198,506.46 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | ☐ | |||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | ||||
59.2556% | |||||
14 | TYPE OF REPORTING PERSON* | ||||
OO | |||||
CUSIP No. | Page 10 of 22 Pages | |
CUSIP No. | Page 11 of 22 Pages | |
CUSIP No. | Page 12 of 22 Pages | |
CUSIP No. | Page 13 of 22 Pages | |
CUSIP No. | Page 14 of 22 Pages | |
CUSIP No. | Page 15 of 22 Pages | |
Exhibit 1- | Subscription Agreement dated December 15, 2016 between OCM Growth Credit, LLC and GSV Growth Credit Fund Inc. |
Exhibit 2- | Additional Member Agreement dated December 15, 2016 between OCM Growth Holdings, LLC and GSV Growth Credit LLC. |
CUSIP No. | Page 16 of 22 Pages | |
Exhibit 3- | Operating Agreement of GSV Growth Credit LLC dated December 15, 2016. |
Exhibit 4- | Proxy dated December 15, 2016 between OCM Growth Credit, LLC and GSV Growth Credit Fund Inc. |
Exhibit 5- | Stockholder Agreement dated December 15, 2015 between OCM Growth Credit, LLC and GSV Growth Credit Fund Inc. |
Exhibit 6- | Articles of Amendment and Restatement of GSV Growth Credit Fund Inc., dated December 14, 2016, setting forth the terms of its common stock. |
Exhibit 7- | A written agreement relating to the filing of the joint acquisition statement as required by Rule 13d‑1(k)(1) under the Securities Exchange Act of 1934, as amended. |
CUSIP No. | Page 17 of 22 Pages | |
OCM Growth Credit, LLC | ||
By: Oaktree Fund GP, LLC | ||
Its: Manager | ||
By: Oaktree Fund GP I, L.P. | ||
Its: Managing Member | ||
By: | /s/ Jordan Mikes | |
Name: Jordan Mikes | ||
Title: Authorized Signatory |
Oaktree Fund GP, LLC | ||
By: Oaktree Fund GP I, L.P. | ||
Its: Managing Member | ||
By: | /s/ Jordan Mikes | |
Name: Jordan Mikes | ||
Title: Authorized Signatory |
OAKTREE FUND GP I, L.P. | ||
By: | /s/ Jordan Mikes | |
Name: Jordan Mikes | ||
Title: Authorized Signatory |
OAKTREE CAPITAL I, L.P. | ||
By: | /s/ Jordan Mikes | |
Name: Jordan Mikes | ||
Title: Authorized Signatory |
CUSIP No. | Page 18 of 22 Pages | |
OCM HOLDINGS I, LLC | ||
By: | /s/ Jordan Mikes | |
Name: Jordan Mikes | ||
Title: Authorized Signatory |
OAKTREE HOLDINGS, LLC | ||
By: | /s/ Jordan Mikes | |
Name: Jordan Mikes | ||
Title: Authorized Signatory |
OAKTREE CAPITAL GROUP, LLC | ||
By: Oaktree Capital Group Holdings GP, LLC | ||
Its: Manager | ||
By: | /s/ Jordan Mikes | |
Name: Jordan Mikes | ||
Title: Authorized Signatory |
OAKTREE CAPITAL GROUP HOLDINGS, L.P. | ||
By: Oaktree Capital Group Holdings GP, LLC | ||
Its: General Partner | ||
By: | /s/ Jordan Mikes | |
Name: Jordan Mikes | ||
Title: Authorized Signatory |
OAKTREE CAPITAL GROUP HOLDINGS GP, LLC | ||
By: | /s/ Jordan Mikes | |
Name: Jordan Mikes | ||
Title: Authorized Signatory |
CUSIP No. | Page 19 of 22 Pages | |
Name | Principal Occupation |
Howard S. Marks | Co-Chairman and Director of Oaktree Capital Group, LLC and Co-Chairman of Oaktree Capital Management, L.P. |
Bruce A. Karsh | Co-Chairman, Chief Investment Officer and Director of Oaktree Capital Group, LLC and Co-Chairman and Chief Investment Officer of Oaktree Capital Management, L.P. |
Jay S. Wintrob | Chief Executive Officer and Director of Oaktree Capital Group, LLC and Chief Executive Officer of Oaktree Capital Management, L.P. |
John B. Frank | Vice Chairman and Director of Oaktree Capital Group, LLC and Vice Chairman of Oaktree Capital Management, L.P. |
David M. Kirchheimer | Chief Financial Officer, Principal and Director of Oaktree Capital Group, LLC and Chief Financial Officer and Principal of Oaktree Capital Management, L.P. |
Sheldon M. Stone | Principal and Director of Oaktree Capital Group, LLC and Principal of Oaktree Capital Management, L.P. |
Stephen A. Kaplan | Principal and Director of Oaktree Capital Group, LLC and Principal of Oaktree Capital Management, L.P. |
CUSIP No. | Page 20 of 22 Pages | |
Name | Principal Occupation |
Howard S. Marks | Co-Chairman and Director of Oaktree Capital Group, LLC and Co-Chairman of Oaktree Capital Management, L.P. |
Bruce A. Karsh | Co-Chairman, Chief Investment Officer and Director of Oaktree Capital Group, LLC and Co-Chairman and Chief Investment Officer of Oaktree Capital Management, L.P. |
Jay S. Wintrob | Chief Executive Officer and Director of Oaktree Capital Group, LLC and Chief Executive Officer of Oaktree Capital Management, L.P. |
John B. Frank | Vice Chairman and Director of Oaktree Capital Group, LLC and Vice Chairman of Oaktree Capital Management, L.P. |
David M. Kirchheimer | Chief Financial Officer, Principal and Director of Oaktree Capital Group, LLC and Chief Financial Officer and Principal of Oaktree Capital Management, L.P. |
Sheldon M. Stone | Principal and Director of Oaktree Capital Group, LLC and Principal of Oaktree Capital Management, L.P. |
Stephen A. Kaplan | Principal and Director of Oaktree Capital Group, LLC and Principal of Oaktree Capital Management, L.P. |
Robert E. Denham | Partner in the law firm of Munger, Tolles & Olson LLP |
Larry W. Keele | Retired |
D. Richard Masson | Owner and general manager of Golden Age Farm, LLC |
CUSIP No. | Page 21 of 22 Pages | |
Wayne G. Pierson | President of Acorn Investors, LLC and Principal of Clifford Capital Partners, LLC |
Marna C. Whittington | Retired |
Steven J. Gilbert | Founder and Chairman of the Board of Gilbert Global Equity Partners, L.P. |
Todd E. Molz | General Counsel, Chief Administrative Officer and Secretary of Oaktree Capital Group, LLC and General Counsel and Chief Administrative Officer of Oaktree Capital Management, L.P. |
Susan Gentile | Chief Accounting Officer and Managing Director of Oaktree Capital Group, LLC and Chief Accounting Officer and Managing Director of Oaktree Capital Management, L.P. |
Name | Principal Occupation |
Howard S. Marks | Co-Chairman and Director of Oaktree Capital Group, LLC and Co-Chairman of Oaktree Capital Management, L.P. |
Bruce A. Karsh | Co-Chairman, Chief Investment Officer and Director of Oaktree Capital Group, LLC and Co-Chairman and Chief Investment Officer of Oaktree Capital Management, L.P. |
Jay S. Wintrob | Chief Executive Officer and Director of Oaktree Capital Group, LLC and Chief Executive Officer of Oaktree Capital Management, L.P. |
CUSIP No. | Page 22 of 22 Pages | |
John B. Frank | Vice Chairman and Director of Oaktree Capital Group, LLC and Vice Chairman of Oaktree Capital Management, L.P. |
David M. Kirchheimer | Chief Financial Officer, Principal and Director of Oaktree Capital Group, LLC and Chief Financial Officer and Principal of Oaktree Capital Management, L.P. |
Todd E. Molz | General Counsel, Chief Administrative Officer and Secretary of Oaktree Capital Group, LLC and General Counsel and Chief Administrative Officer of Oaktree Capital Management, L.P. |
Susan Gentile | Chief Accounting Officer and Managing Director of Oaktree Capital Group, LLC and Chief Accounting Officer and Managing Director of Oaktree Capital Management, L.P. |