California venture lending specialist Runway Growth hired Rob Lake to lead the company’s new life sciences practice.
Lake joins from Bridge Bank, a division of Western Alliance Bank, where he was the founder and group head of its life sciences practice. He was responsible for all aspects of the group including business development maintaining asset quality and managing the division’s P&L over his five years at the bank.
The life sciences practices offers another avenue for Runway to further diversify its investment portfolio and provide healthcare borrowers with access to a . . .
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