Organization · Venture Capital

Phoenix Growth Fund (PGF)

Phoenix Growth Fund (PGF) is a multi-asset absolute return fund based in Sydney, Australia, focusing on generating above-equity returns for wholesale investors. It invests across various asset classes, including venture capital, equities, and property.

Venture CapitalFunder

Overview

What Phoenix Growth Fund (PGF) does

What Phoenix Growth Fund (PGF) is

Phoenix Growth Fund (PGF) is a multi-asset absolute return fund based in Sydney, Australia, focusing on generating above-equity returns for wholesale investors. It invests across various asset classes, including venture capital, equities, and property.

How it participates in the startup ecosystem

The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.

Operational profile

Organization status and context

Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.

Operational status
Active
Organization type
Venture Capital
Founded
Founded in 2021
Approximate age
About 5 years
Structured capabilities
Funder
Last reviewed
April 23, 2026

Official channels

Find Phoenix Growth Fund (PGF) elsewhere

Open the official website or a supported primary organization account.

Capability profile

Phoenix Growth Fund (PGF) as a funder

Investment thesis

Phoenix Growth Fund (PGF) employs an unconstrained, multi-strategy approach, focusing on opportunities outside of traditional equities to achieve beta-independent returns. The fund selectively invests in venture capital and pre-IPO positions alongside public equities and property.

Focus narrative

PGF invests in various asset classes with a focus on achieving high conviction stock ideas held for the long term. The fund targets unique opportunities outside of traditional equities, including property-related investments and private equity. PGF aims for a target return of 20% or higher per annum, net of fees, while maintaining low volatility and capital preservation.

Value beyond capital

PGF provides its portfolio companies with access to a diverse range of investment opportunities and strategic insights, leveraging its multi-asset approach to enhance growth potential and achieve capital preservation.

Focus and fit

Stages
Seed · Pre-IPO · Series A · Series B
Regions
Global · Oceania

Availability

Currently deploying
Yes

Portfolio and track record

Portfolio context

Notable investments include WiseTech, a logistics software company, and Pro Medicus, a medtech firm. The fund also has pipeline interest in companies like SpaceX and Firmus, which focuses on AI and data centers.

Common questions

What to know about Phoenix Growth Fund (PGF)

Upseed classifies Phoenix Growth Fund (PGF) under the Venture Capital organization type. Its current public profile includes funder capabilities.

Next step

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Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

April 23, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

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