Partners for Growth (PFG)

Partners for Growth (PFG) is a global specialty lending firm headquartered in San Francisco, United States, dedicated to providing tailored debt solutions to high-growth private and public technology and life science companies. Established in 2004, the firm's roots trace back to 1985 when co-founders Don Campbell and Andrew Kahn pioneered venture lending at Hambrecht & Quist, a Silicon Valley investment bank, later acquired by JP Morgan. PFG's approach is designed to fuel expansion while minimising equity dilution for entrepreneurs and management teams.

PFG distinguishes itself through its "growth debt" philosophy, which offers a more expansive and company-centric alternative to traditional venture debt. This involves providing customised financing solutions such as term loans, revolving credit facilities, acquisition financing, and asset-backed lending, rather than relying on templated offerings. The firm focuses on serving underserved markets globally, extending capital to innovative companies beyond conventional tech hubs in the U.S., Australia, Europe, the Middle East, Latin America, and Asia-Pacific.

Since its inception, PFG has become a pivotal partner in the global innovation ecosystem, having structured debt facilities for over 250 companies across more than 15 countries. The firm has successfully raised seven funds and manages approximately $1 billion in assets, with over $2 billion in loans made to date. Notable achievements include supporting Tabby, a buy-now-pay-later unicorn in Saudi Arabia, and Employment Hero, a leading HR software firm in Australia.

The leadership team at PFG brings extensive experience in technology financing. Andrew Kahn serves as CEO and Co-Founder, while Don Campbell is a Co-Founder and Senior Advisor. Jason Georgatos, who joined as a founding member in 2004, now holds the position of President, leading the firm’s global investment business. Other key leaders include Karthi Sepulohniam, Managing Director and Head of Asia Pacific & Australia, and Armineh Baghoomian, Managing Director, Head of Europe, Middle East & Africa, and Co-Head of Global Fintech.

PFG's commitment extends to fostering long-term relationships with both founders and investors, aiming to deliver consistent returns across various market cycles. They work closely with portfolio companies to professionalise reporting and operations, preparing them for future investment rounds. This strategic partnership model, combined with a deep understanding of market complexities, enables PFG to provide essential growth capital where it is most needed.