PSG Equity (PSG), a growth equity firm partnering with software and technology-enabled services companies in Europe, North America and Israel to help accelerate their growth, has held the final close of PSG Europe II (PSGE II), the firm’s second Europe-focused fund, with more than €2.6 billion in commitments.
PSGE II, one of the largest growth equity funds raised to invest exclusively in European software companies, exceeded PSG’s initial target, and secured support from both new and existing investors globally including state pension funds, sovereign wealth funds, family offices and high net worth individuals.
PSGE II significantly is significantly larger than it so predecessor fund, which held its final close in January 2021 with more than €1.3bn in commitments.
