Industry Newsroom

PAG Raises US$6 Billion for Third Asia Buyout Fund (Asia)

Asia-focused alternative investment manager PAG has reached a final close for its third pan-Asia buyout fund with US$6 billion in capital commitments. Investors in the fund, which reportedly launched in June 2018 with a target of US$4.5 billion, include U.S.-based pension funds and Kuwaiti and Singaporean sovereign wealth funds.