ImpactAlpha, May 24 — San Francisco-based Partners for Growth, which specializes in private lending for growth-stage companies in emerging markets, will invest $30 million on behalf of IFC via a managed account. Uncertainty and aversion to risk are limiting the credit available for small to mid-sized companies in emerging markets, said IFC’s Paulo de Bolle.
Partners for Growth will target fintech, software tech, e-logistics, healthtech and life sciences companies.
Partners for Growth has made over $1.2 billion in alternative debt investments in more than 220 companies globally. “We see some of the most compelling opportunities from emerging markets, where companies can create new categories and pioneer solutions that deliver impact,” said Partners for Growth’s Andrew Kahn.