Elvinger Hoss Prussen, under the leadership of Partners Jérôme Wigny, Anna Hermelinski-Ayache and Counsel Cheikh Ndiaye, advised PSG Equity in the setup and final close of PSG Europe III, a growth equity fund focused on European software and tech companies, at over €4.4 billion in capital commitment. The fund reached its hard cap, with committed capital significantly exceeding the €2.6 billion raised by its predecessor fund. Investors in PSG Europe III include state pension funds, sovereign wealth funds, insurance companies, family offices, and high-net-worth individuals.
PSG Equity is a growth equity firm founded in 2014 that partners with software and technology-enabled services companies. The firm has backed more than 170 companies and facilitated over 550 add-on acquisitions, operating out of offices in Boston, London, and Paris.
The main team comprised Senior Associate Mélissa Weber, as well as Associates Carolina Carranza and Virginie Lifrange, completed with Associates Carla Meunier, Emilie Thévenot and Axel Massa.
The financing team consisted of Cintia Martins Costa, assisted by Associate Berkay Baran.