Team

Our collaborative, nimble process is a hallmark of the PFG approach to specialty finance. A team with experience as investors, operators and entrepreneurs we’re looking to deliver the capital solution that enables innovative companies to accelerate their growth trajectory. The consistency of our investment team has been integral to the growth of PFG’s business over decades and the cornerstone of our successful partnerships with hundreds of emerging growth companies worldwide since the 1980’s.

Andrew Kahn
Andrew Kahn
Managing Director and CEO

Andrew Kahn

Managing Director and CEO

Andrew co-founded Partners for Growth with Don Campbell in 2004 and has been structuring custom financing for technology companies for the past 30 years.

Andrew and Don together managed Hambrecht & Quist Guaranty Finance (HQGF), the lending business of San Francisco technology focused investment bank Hambrecht & Quist. Andrew held a variety of senior roles during his tenure at Hambrecht & Quest including General Partner of Access Technology Partners (a venture capital fund), a Managing Director of the H&Q Investment Bank, and President of HQGF.

Following Hambrecht & Quist’s acquisition by Chase and merger with JP Morgan, Andrew was a General Partner with JP Morgan’s buyout and growth equity practice, JP Morgan Partners. He also managed two of the firm’s venture capital funds totaling over $400 million of invested capital. Earlier in his career, Andrew was a Manager at the Massachusetts Industrial Finance Agency where he had responsibility for bond financings to small businesses as well as managing the firm’s direct lending program.

Andrew holds a Bachelor of Arts degree from the University of Michigan.

Armineh Baghoomian
Armineh Baghoomian
Managing Director

Armineh Baghoomian

Managing Director

Armineh focuses on sourcing and structuring new transactions and working with current portfolio companies.  Armineh joined PFG in 2017, bringing her background as an operating executive at several Bay Area technology companies and previous investment experience working with Don and Andrew at Hambrecht & Quist and JP Morgan Partners.

Prior to joining PFG, Armineh was CFO/COO for Solinea, Inc., a consulting organization providing open infrastructure services to Fortune 1000 enterprises. Prior to that, she was the CFO for Treq Labs, Inc., and oversaw the company’s successful acquisition by Sonus Networks. Before that, she was Co-Founder and CFO of Vello Systems, Inc. where she was responsible for financial planning, treasury, tax, international accounting and all other operational and finance functions.

Armineh holds a Bachelor of Arts degree from Columbia University.

armie@pfgrowth.com

Ben Greenspan
Ben Greenspan
General Counsel

Ben Greenspan

General Counsel

Ben has served as General Counsel to PFG since the inception of PFG in 2004.  Ben brings experience from large firm practice in securities and banking to boutique firm experience focused in general corporate practice, as well as handling a banking, finance and transactional practice in Asia.

Prior to PFG, Ben was General Counsel for the ChinaVest group of private equity Funds based in San Francisco and Hong Kong, where he handled the documentation transactions in the U.S. and greater China.  Previously, Ben held CEO roles at a technology company and a telecommunications service company. Ben also handled venture finance matters on an outside counsel basis for Hambrecht & Quist and JP Morgan Chase after its acquisition of H&Q, along with many technology clients through his years of practice.

Ben holds a Bachelor of Arts degree from the University of California, Berkeley and a Juris Doctor from the University of California, Berkeley Law School.

Don Campbell
Don Campbell
Founder and Senior Advisor

Don Campbell

Founder and Senior Advisor

Don Campbell co-founded Partners for Growth in 2004 and serves as a Senior Advisor to the firm. Don co-founded PFG’s predecessor firm Hambrecht & Quist Guaranty Finance (HQGF) in 1985, serving as its Chief Executive Officer until 2001. From January 2002, Don has been serving as Chief Executive Officer of Guaranty Finance Management, LLC, a company formed to manage HQGF under contract with JP Morgan Chase through March 2006, and then under contract to Guaranty Finance Investors, a firm formed to purchase the HQGF assets from JP Morgan Chase.

Mr. Campbell has extensive experience in corporate finance, as a financial analyst and a financial planner, and has served as a Treasurer and Chief Financial Officer and Director of a number of NASDAQ, New York Stock Exchange, and Bermuda, London, New Zealand and Australia stock exchange companies.  Mr. Campbell was a founder and principal of Memorex Finance Company and Sequoia Capital Corp., both of which specialized in financing computer equipment and systems.

Don holds a Bachelor of Science degree from the University of Nebraska, and a Master’s in Business Administration from Stanford University.

don@pfgrowth.com

Geoff Allan
Geoff Allan
Managing Director

Geoff Allan

Managing Director

Geoff focuses on sourcing and structuring new transactions for PFG, as well as working with existing clients and oversees portfolio management.  Geoff joined PFG in 2012 with a background in corporate transactions and strategic advisory, bringing a range of analytical experience and expertise to the PFG team.

Prior to joining PFG, Geoff worked in the Economic & Valuation Services group at KPMG with engagements in M&A, restructuring, and corporate strategy across a variety of industries. He also worked as a management consultant for technology companies with Keystone Strategy and has experience with economic and financial research groups.

Geoff received a Bachelor of Arts degree from Northwestern University and a Master’s focusing in International Finance from Columbia University.

geoff@pfgrowth.com

Jason Georgatos
Jason Georgatos
Managing Director, PFG Australia

Jason Georgatos

Managing Director, PFG Australia

Jason has spent over 16 years working with technology and growth companies and has developed a passion for helping entrepreneurial companies succeed.  Jason has played an integral role in all aspects of the PFG business since the foundation of the firm in 2004. Jason is the Managing Director of PFG’s Asia Pacific operations based in Sydney, Australia.

Jason relocated from the Bay Area to Sydney in 2016 to lead PFG’s activities in APAC after a decade of transaction experience in Australia and countless transpacific flights.  Jason managed the launch of PFG’s business in Australia to ensure the PFG philosophies and execution strategies are core to PFG’s APAC activities. Prior to joining PFG, Jason provided financing for technology and life science companies at Silicon Valley Bank in San Francisco.

Jason holds a Bachelor of Arts degree from the University of California, Santa Barbara, where he graduated Magna Cum Laude and a Master’s degree from the University of Oxford.

jason@pfgrowth.com

John Riordan
John Riordan
Director, Business Development and Investor Relations

John Riordan

Director, Business Development and Investor Relations

John manages investor relations, marketing, and channel management to help PFG continue to enhance its decades long relationship with Silicon Valley Bank. John joined PFG in 2017 and brings experience in alternative assets, credit trading and banking.

Prior to PFG, John was a Director and Product Specialist in Sales & Marketing at Passport Capital. Prior to Passport, John worked at Barclays in New York as a portfolio manager and credit trader for the bank’s principal loan business, after beginning his career in investment banking.

John holds a Bachelor of Science from the Carroll School of Management at Boston College, where he graduated Summa Cum Laude.

john@pfgrowth.com

Karthi Sepulohniam
Karthi Sepulohniam
Managing Director

Karthi Sepulohniam

Managing Director

Karthi joined PFG in 2016 to launch and grow PFG’s Asia Pacific business based in Sydney, Australia. Karthi focuses on sourcing, negotiating, closing and monitoring transactions for growth stage companies across Australia and Asia.

Prior to joining PFG, Karthi co-founded Health Live, a healthcare technology group in Sydney and managed healthcare private equity investments at Evolution Healthcare Partners. Previously, Karthi worked in investment banking with Macquarie Capital and Credit Suisse across Australasia and Asia, providing M&A and capital raising advice to healthcare, technology and financial services businesses. It was during this time that Karthi met Jason Georgatos and the PFG team, and together worked on one of PFG’s earliest financing transactions in Australia.

Karthi holds a Bachelor of Laws and a Master of Laws from the University of Melbourne and a Master of Law and Finance from the University of Oxford.

karthi@pfgrowth.com

Kathy Adams
Kathy Adams
Chief Compliance Officer

Kathy Adams

Chief Compliance Officer

Kathy has been a key member of the PFG team since the launch of our second fund in 2006, and currently serves as PFG’s Chief Compliance Officer. Prior to joining PFG, Kathy worked in the media industry for ten years.

Kathy attended San Diego State University, 1986-1989 and San Francisco State University, 1989-1991.

kathy@pfgrowth.com

Max Penel
Max Penel
Investment Manager

Max Penel

Investment Manager

Max joined the PFG team in Sydney in 2017 with a focus on marketing, identifying and structuring investment opportunities, and portfolio management. Prior to joining PFG, Max worked in Corporate Finance at KPMG. His work at KPMG spanned across valuations, mergers and acquisitions, infrastructure and projects, and debt advisory services. Previously, Max taught at the University of Sydney in the Business School and founded several small businesses in Australia and China.

Max holds a Bachelor of Commerce from the University of Sydney with Distinction and Post-Graduate Diploma in Languages (Mandarin) from the University of Sydney with Distinction.

max@pfgrowth.com

Natalie Ho
Natalie Ho
Controller

Natalie Ho

Controller

Natalie has been with PFG and its predecessor firm, HQGF, since 1991. Natalie handles much of the accounting and bookkeeping functions for PFG. Prior to joining HQGF, she worked with a Broker/Dealer Clearing Firm and Insurance Adjusters Company.

Natalie holds a Bachelor of Science from San Francisco State University.

natalie@pfgrowth.com

Phil Lawson
Phil Lawson
Managing Director

Phil Lawson

Managing Director

Phil works on negotiating, structuring, and monitoring transactions. Phil joined PFG in 2010, though previously worked with Andrew and Don at Hambrecht & Quist, and brings both investing, entrepreneurial and operational experience to PFG.

Before joining PFG, Phil built a company in Asia focused on online payments, internet marketing and website development. Previously, Phil worked at Hambrecht & Quist as the firm’s proprietary trader managing H&Q’s equity portfolio and internal hedge funds. Phil also worked for Vista Ventures and held engineering roles developing sensor technologies for aerospace, automotive and medical applications.

Phil holds a Bachelor of Science from Alfred University and a Master’s in Business Administration from the Peter F. Drucker School of Management in Claremont, California.

phil@pfgrowth.com

Tracy Pappas
Tracy Pappas
Chief Financial Officer

Tracy Pappas

Chief Financial Officer

Tracy Pappas joined PFG in 2017 as Chief Financial Officer and brings over two decades of private equity and operational experience. Tracy’s extensive experience provides a lens not only into the intricacies of fund administration and operations, but also into portfolio company investments and the implications in the context of a partnership structure. Tracy is responsible for the finance and administrative functions of PFG.

Prior to PFG, Tracy held Chief Financial Officer roles at Scale Venture Partners, Synergy Life Science Partners, Saints Capital and Aptus Endosystems. Tracy began her career in public accounting at KPMG.

Tracy holds a Bachelor of Arts from the University of California, Berkeley and is a Certified Public Accountant.

tracy@pfgrowth.com