Partners for Growth kicks off new private capital fund for high-growth Aussie companies

Partners for Growth (PFG), a global private credit firm specialising in custom debt solutions for high-growth companies, has announced a new, later-stage technology private credit strategy with commitments from investors exceeding $250 million.

The new fund is designed to support growth-stage companies seeking flexible, non-dilutive capital in what PFG describes as an “increasingly selective funding environment.”

PFG has been investing in Australia since 2007 and has backed more than 85 companies, including Employment Hero, Koala, Bridgit and Skip Loans.

Jason Georgatos, President of PFG, said the new fund reflects a shift in how growth companies are approaching capital strategy.

“Founders are becoming more deliberate in how they approach financing as their businesses scale,” Georgatos said.

“Rather than relying solely on equity, many are incorporating structured private credit to support growth while preserving ownership and long-term strategic flexibility.

“This fund is designed to provide non-dilutive growth capital that works alongside venture capital and private equity, supporting disciplined execution at key inflection points, including enabling fintechs and alternative lenders to scale their loan and asset books.”

PFG said its model centres on providing flexible financing solutions while maintaining ongoing relationships with founders and repeat borrowers. The firm’s also international presence enables it to support companies pursuing growth and expansion into new markets, the company said.