Partners for Growth secures $178m first close of tech private credit fund
DealStreetAsia reports investment firm Partners for Growth has held a $178 million initial closing for its technology-lending income vehicle, the PFG Income Fund.
Investor · 3 deals
Silicon Valley
Every published round Partners for Growth took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| TechLend | Venture debt | 2 Aug 2021 | $50m | Lead | Techboard, Australian FinTech (Fri 17 Sep 2021), Our Innovation Fund, Australian FinTech (Mon 2 Aug 2021), Startup Daily | |
| Roller | Unnamed stage | Dec 2022 | $28.2m | Participant | SmartCompany (Fri 22 Dec 2023), Startup Daily, SmartCompany (Fri 10 Nov 2023), SmartCompany (Fri 10 Nov 2023), Techboard, SmartCompany (Fri 16 Dec 2022) | |
| Bridgit | Venture debt | Aug 2021 | $50m | Participant | Our Innovation Fund (Mon 21 Mar 2022), Our Innovation Fund (Wed 16 Mar 2022) |
Companies Partners for Growth has backed in a published round, and companies whose existing shares it bought off another holder.
Fund closes reported for Partners for Growth, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| PFG Income Fund | 13 Mar 2026 | $250m+ | - | Interim | Australian FinTech, itbrief.com.au |
Companies Partners for Growth has backed that another company then bought. An exit for the holding, not a deal Partners for Growth did.
| Name | Role | Sources |
|---|---|---|
| Armineh Baghoomian | Head of Europe & Co-head of Fintech | Australian FinTech |
| Jason Georgatos | President | Australian FinTech, itbrief.com.au |
| Karthi Sepulohniam | Managing Director | Australian FinTech |
Stories naming Partners for Growth. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
DealStreetAsia reports investment firm Partners for Growth has held a $178 million initial closing for its technology-lending income vehicle, the PFG Income Fund.
Partners for Growth's PFG Income Fund has held a first close on private credit for later-stage technology borrowers, with commitments exceeding A$250 million, deploying structured growth debt in Australia and globally.
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