# FocusGrowth Asset Management

FocusGrowth Asset Management is a Private Equity based in New York, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** 747 Third Avenue, Suite 3602, New York, NY 10017, United States
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** www.focusgrowth.com
- **LinkedIn:** https://www.linkedin.com/company/focusgrowth-asset-management-lp

## Regulatory record

- **CRD number:** 309245
- **SEC file number:** 801-126248
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-04-29T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/309245

## About

FocusGrowth Asset Management is an SEC-registered investment adviser in NEW YORK, NY, registered since 2022. The firm manages approximately $405 million in assets. It has 10 employees and 5 investment advisers.

## Sectors

- Cannabis
- Private Credit

## People

- John Lykouretzos — CEO
- Peter Bio — Partner
- Curtis Robbins — Principal
- Luke Perda — Senior Associate
- Brendan Driscoll — COO/CFO
- Steve Brusca — Controller
- Jonathan Cheslock — Assistant Controller
- Kate Sackas — Investor Relations
- Jonathon Goldrath — Special Advisor

## Questions

### Who runs investment decisions at FocusGrowth?

CEO John Lykouretzos leads the investment team alongside Partner Peter Bio and Principal Curtis Robbins. The firm's website describes a collaborative investment process backed by the leadership's combined institutional investing and cannabis operating experience, though it does not specify an investment committee structure or voting thresholds.

### How does FocusGrowth source deal flow in the cannabis sector?

The firm cites its decade of hands-on industry experience and the reputational strength of its lending track record as the primary drivers of deal origination. Because federal illegality bars most traditional banks from cannabis lending, a limited number of specialty credit providers compete for mandates — FocusGrowth argues this compressed competitive set, combined with borrower and advisor relationships built across multiple refinancing cycles, produces differentiated access.

### What portion of FocusGrowth's deployment is credit versus equity?

The mandate is overwhelmingly credit. The firm describes its capital as deployed 'predominantly across senior secured credit' and supplements that with selective equity co-investments and secondary bond purchases when it sees better risk-adjusted return profiles. Exact credit/equity split is not publicly broken out.

### Does FocusGrowth manage third-party capital, or just proprietary?

About $330 million of the $1.1 billion deployment figure represents third-party capital deployed alongside FocusGrowth in deals where it acted as lead or co-lead investor. The firm states outright that it does not manage or make investment decisions for that third-party capital, and that these assets are not included in its regulatory AUM (per the firm, Q1 2026).

### Which geographies and operator types does FocusGrowth focus on?

The firm operates primarily in the United States across state-licensed cannabis markets. Its disclosed borrowers — Jushi, TerrAscend, Body and Mind — are all US-facing multi-state operators with footprints spanning cultivation, processing, and retail assets in markets such as New Jersey, Ohio, Illinois, Utah, and Nevada.

## Related profiles

- [FocusFuturo](https://altss.com/profile/focusfuturo)
- [Focus Impact Partners](https://altss.com/profile/focus-impact-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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