Houlihan Lokey Advises Lightkeeper on Its Growth Investment From PSG
Houlihan Lokey is pleased to announce that Lightkeeper, LLC (Lightkeeper), a leading provider of data, analytics, risk management, and reporting solutions for investment managers, has received a growth investment from PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to drive transformational growth. This transaction closed on February 28, 2025.
Lightkeeper’s dynamic, centralized platform equips investment managers with tools to generate actionable insights on both investments and ideas. Its flagship product—Portfolio Intelligence—aggregates and enriches data from multiple sources, enabling custom queries, analysis, visualization, and reporting. Its fast-growing Idea Analytics Software product tracks every stage of idea flow, providing behavioral and decision analytics on investment ideas that did and did not make it into the portfolio. By seamlessly integrating with existing systems, Lightkeeper enhances data accessibility while automating historically manual processes.
Alongside the investment, industry veteran and PSG Senior Advisor Dean Schaffer has been appointed as Chief Executive Officer to lead Lightkeeper’s next phase of growth. Lightkeeper’s senior management team will remain with the company, with Danny Dias transitioning to Chief Product Officer to focus on product innovation. With PSG’s investment and Schaffer’s leadership, Lightkeeper will aim to accelerate product innovation and continue delivering high-quality client service to meet the evolving needs of investment managers.
Lightkeeper provides data management, advanced analytics, and insights for investment managers to streamline, evaluate, and enhance investment and business processes across the entire organization. Recognized as an industry-leading portfolio intelligence and reporting platform, Lightkeeper serves 140+ clients, representing approximately $500 billion in AUM.
PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities, and build strong teams. Having backed more than 150 companies and facilitated over 520 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, London, Madrid, Paris, and Tel Aviv.
Houlihan Lokey served as the exclusive financial advisor to Lightkeeper.
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