DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / PSG Equity L.L.C.
PSG Equity L.L.C.
Private equity with venture activity · candidateBoston, MApsgequity.comSEC registered investment adviser
no venture fund on Form ADV; public LPs book its vehicles as Growth Equity
Importance
33
moderate
Active deployment
33
moderate
Emerging
0
low
Completeness
81
high
Freshness
100
high
Research priority
11
low
Identity and regulatory footprint
- Headquarters
- Boston, MAadviserinfo.sec.gov
- Office address
- 401 PARK DRIVE, SUITE 204, Boston, MA, 02215adviserinfo.sec.gov
- Business phone
- 617-544-8800adviserinfo.sec.gov
- Website
- HTTP://WWW.PSGEQUITY.COM
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 28, 2024
- Private funds reported
- 42 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $27Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $27Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 269
- Owners on Schedule A
- PSG Intermediate Holdings L.L.C. (Sole Member Of Psg Equity L.L.C.), E; PSG Ultimate Holdings L.L.C. (Sole Member), E; POW Psg L.L.C. (Managing Member), D; MEH Psg L.L.C. (Managing Member), D
- business phone
- 617-544-8800adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, space, devtools, cybersecurity, b2b
- Stages
- growth
- Geography
- europe, uk
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
series c 100%
Stage at first entry
series c 100%
Sectors
unknown 100%
lead rate 100%follow-on rate 0%new logos, 12 months 2
Funds and vehicles
3 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| PSG Europe III S.C.Sp | Fund | 2026 lp reported | Early deployment | unknown | unknown | unknown | unknown |
| PSG VI L.P. | Fund · ADV: Private Equity Fund | 2023 form d first sale | Active deployment | $2.6B Mar 28, 2024 | 88 | $5.0B | Jul 18, 2024 |
| PSG Europe II, L.P | Fund | 2023 lp reported | Active deployment | unknown | unknown | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
5 current, 0 departed
Mark Edward Hastings
Founder or executivePresident And Chief Executive Officer Of Psg Equity L.L.C. · since Sep 1, 2014
Peter Osgood Wilde
PartnerSole Member · since Dec 1, 2020
Ronen Nir
PartnerManaging Director
Aaron William Fine
Platform and operationsGeneral Counsel & Chief Compliance Officer Of Psg Equity L.L.C. · since Oct 1, 2020
Marc Gerald Puglia
Platform and operationsManaging Director And Chief Financial Officer, Secretary And Treasurer Of Psg Equity L.L.C. · since Sep 1, 2014
Investments on record
2 edges, 2 companies, 2 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| NoTraffic | Series C · Series C | lead | Ronen Nir (confirmed) | $90.0M | unknown | Mar 24, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
| Guidde | Funding round | lead | Ronen Nir (confirmed) | $50.0M | unknown | Feb 25, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
4 relationships from shared deals, counted for the whole firm
Limited partners
11 disclosed
- New York State Common Retirement Fund in PSG Europe III S.C.Sp amount undisclosed Jun 26, 2026 osc.ny.gov
- New York State Common Retirement Fund in PSG VI L.P. $250M Aug 11, 2023 osc.ny.gov
- New York State Common Retirement Fund in PSG VI L.P. $250M Aug 11, 2023 osc.ny.gov
- New York State Common Retirement Fund in PSG Europe II, L.P amount undisclosed Jun 30, 2023 osc.ny.gov
- Teachers' Retirement System of the State of Illinois amount undisclosed trsil.org
- Massachusetts Pension Reserves Investment Management Board amount undisclosed mapension.com
- California Public Employees' Retirement System in PSG VI L.P. $250M calpers.ca.gov
- California Public Employees' Retirement System in PSG Europe II, L.P $114M calpers.ca.gov
- Washington State Investment Board in PSG Europe II, L.P $200M sib.wa.gov
- Washington State Investment Board in PSG VI L.P. $200M sib.wa.gov
- New Jersey Division of Investment in PSG VI L.P. $100M nj.gov
Timeline
4 dated events
- Jun 30, 2025Mass PRIM lists PSG Equity L.L.C. among its private equity managers
- Jun 2, 2025Illinois TRS lists Providence Strategic Growth Capital Partners among its private equity managers
- Mar 28, 2024PSG VI L.P. first reported on Form ADV by PSG Equity L.L.C. (Private Equity Fund), GAV $2,562,429,563Fund first reported on Form ADVFundsFactPSG VI L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Oct 16, 2020Providence Strategic Growth Capital Partners L.L.C. first filed Form ADV (IA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 13, 2026Private equity with venture activity (candidate, 50%, cls-1)no venture fund on Form ADV; public LPs book its vehicles as Growth Equity
Evidence
38 observations from 3 sources