The firm’s latest North American flagship fund, PSG VI, raised $6bn, surpassing the $4.7bn predecessor fund. Additionally, PSG closed a $2bn continuation fund, PSG Sequel, backed by institutional investors such as CPP Investments, GIC, StepStone, and Hamilton Lane.

PSG Sequel will retain stakes in six portfolio companies: Arcoro, LivTech, Nextlane, Semarchy, Singlewire Software, and Transit Technologies. Since its founding in 2014, PSG has expanded significantly, managing over $28bn in assets with a global team of 269 professionals, including 160 investment specialists. The firm has completed 75 realization events and established a strong international presence with offices in Boston, London, Kansas City, Paris, Madrid, and Tel Aviv.

PSG has also increased its focus on artificial intelligence, investing in 19 AI-driven companies and integrating AI across its portfolio. The latest fund closures position PSG to continue supporting high-growth technology businesses and drive innovation in the sector.

Source: Stock Titan

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