<p>Providence Strategic Growth Capital Partners LLC, an affiliate of Providence Equity Partners LLC, <a href="http://www.businesswire.com/news/home/20161212005331/en/Providence-Strategic-Growth-Closes-Fund-II-640">has closed its</a> oversubscribed second fund at a hard cap of $640 million.</p>
<p>PSG focuses on lower mid-market software and technology-enabled service companies mostly in North America.</p>
<p>The limited partners of PSG Fund II include corporate pensions, family offices and high-net worth individuals.</p>