Hong Kong’s PAG raises at least $2.2b for new Asia buyout fund

Hong Kong’s PAG raises at least $2.2b for new Asia buyout fund

Hong Kong-based private equity firm PAG has raised at least $2.2 billion for its latest Asia-focused buyout fund, its filing with the US Securities and Exchange Commission (SEC) showed.

The PE firm disclosed that PAG Asia IV LP has so far received commitments from 28 investors since its launch in March last year. SEC filings typically reflect funds raised from US investors.

Edited by: Pramod Mathew