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.
Funds / PSG VI L.P.
PSG VI L.P.
Amounts, each with its basis
- Vintage
- 2023basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- indefinitewhat may be sold, not what was raised; file 021-489398, sworn by the adviser or filed under this vehicle
- Form D sold
- $5.0Bas of the filing of Jul 18, 2024, 188 investors
- First sale
- Aug 11, 2023
- Reported GAV
- $2.6Bon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 88
- Reported on ADV
- Mar 28, 2024 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2024-07-18, older than 15 months (fr-1)
evidence dated Jul 18, 2024. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Active deployment
vintage 2 to 4 years
age years: 3first sale: 2023-08-11vintage year: $2,023adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $5.0Bform d offering usd: n/aform d latest filed at: 2024-07-18
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | Private Equity Fund | $2.6B | 88 | $15.0M | 6% | no |
Principals and agents
5 principals on Form D, 2 placement agents
- Aaron W. Fine Executive Officer
- PSG VI GP L.P. Promoter
- Mark E. Hastings Executive Officer
- Peter O. Wilde Executive Officer
- Marc G. Puglia Executive Officer
- Lestrino Baquiran placement agent
- Not Applicable placement agent
Limited partners and their reported performance
4 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| New Jersey Division of Investment nj.gov | 2024 | $100M | $33.6M | $3.7M | $30.4M | not meaningful yet | 1.0x | May 31, 2026 |
| California Public Employees' Retirement System calpers.ca.gov | 2025 | $250M | $64.2M | $6.2M | $60.0M | not meaningful yet | unknown | Dec 31, 2025 |
| Washington State Investment Board sib.wa.gov | 2025 | $200M | $51.4M | $5.0M | $47.9M | 5.5% | 1.0x | Dec 31, 2025 |
| New York State Common Retirement Fund osc.ny.gov | 2023 | $250M | n/a | n/a | n/a | not meaningful yet | unknown | Aug 11, 2023 |
Each row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
8 events
- May 31, 2026NJ DOI reports PSG VI L.P.: $100,000,000 committed, vintage 2024LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025WSIB reports PSG VI L.P.: $200,000,000 committed, vintage 2025, net IRR 5.5%, 1.0xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025CalPERS reports PSG VI L.P.: $250,000,000 committed, vintage 2025LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jul 18, 2024PSG VI L.P. filed Form D/A: $5,013,518,800 sold (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- 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 ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Aug 11, 2023NYSCRF commits $250,000,000 to PSG VI, LP (PSG) (PSG Equity LLC), closed 2023-08-11, existing relationship
- Aug 11, 2023NYSCRF commits $250,000,000 to PSG VI, LP (PSG) (PSG Equity LLC), closed 2023-08-11, existing relationship
- Aug 10, 2023PSG VI L.P. filed Form D: no sales yet (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle
- Entity type: Other Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Other Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Lp reported fund: PSG VI, LP (PSG) Aug 11, 2023 Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Amount sold (Form D): $5.0B Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2023-08-11 Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 188 Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: PSG EQUITY L.L.C., 401 PARK DRIVE, STE 204, BOSTON, MA, 02215 Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: PSG EQUITY L.L.C., 401 PARK DRIVE, STE 204, BOSTON, MA, 02215 Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Jul 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Aug 10, 2023 Fact SEC EDGAR Form D data sets (quarterly)