PSG Equity has raised more than €4.4bn for its third European growth equity fund, significantly increasing the size of its predecessor vehicle as investors continue to commit capital to software and technology-focused private markets strategies.
PSG Europe III reached its hard cap following commitments from a mix of new and existing investors, including state pension funds, sovereign wealth funds, insurers, family offices and high-net-worth individuals.
The fund is more than 70% larger than PSG...
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