Ex-post analysis for Partners for Growth
We conducted an ex-post analysis of the impact alignment of PFG’s portfolio
Partners for Growth (PFG) provides custom debt solutions for entrepreneurs driving growth across global technology and innovation markets. Our partnership with PFG began in 2020 with a collaboration to establish PFG’s ESG framework. We then created tailored ESG templates to help PFG’s borrowers become aware of, integrate and track sustainable practices in their operations. Additionally, we hosted a live webinar in collaboration with PFG to explore ESG considerations in technology investments, fostering dialogue on the evolving role of ESG in the sector.
In the summer of 2024, PFG engaged Steward Redqueen to analyze and provide insights into the impact alignment of its portfolio. To achieve this, we conducted an ex-post analysis of the impact of PFG’s investments from Fund V to date. By proactively exploring its impact beyond a formal mandate, PFG sought to assess how its investment portfolio aligns with impact-focused investment strategies. Leveraging international benchmarks like the United Nations’ Sustainable Development Goals (SDGs), we developed a rigorous methodology to classify PFG’s investments as ‘impact-aligned.’
Our comprehensive analysis of recent vintages revealed that a substantial portion of PFG’s investments demonstrably support positive societal outcomes, with each investment mapped to a specific SDG. The resulting report provides PFG with a compelling narrative to communicate its investment impact, highlighting tangible benefits to local communities and aligning with global sustainable development standards. We also provided strategic recommendations to enhance PFG’s future investment selection and impact monitoring processes, ensuring continued alignment with leading industry impact frameworks.
John Riordan, PFG’s Head of Business Development and Investor Relations, stated “This analysis sheds light on the significant impact inherent in PFG’s strategy. Through Steward Redqueen’s systematic mapping of our investments against global development standards, we’ve uncovered some of the latent positive outcomes from our portfolio companies in a more rigorous fashion.”
