PAG manages a number of liquid hedged strategies:
Polymer Capital Management is a multi-manager platform which aims to generate consistent, low-volatility returns from a market neutral portfolio by combining strong investment talent from around the APAC region with strict management and strong institutional support. For more information about Polymer, please visit polymercapital.com.
Pacific Alliance Asia Opportunity Fund (PAX)
The Pacific Alliance Asia Opportunity Fund is a credit-focused fund delivering stable returns with strong downside protection.
Capital Structure Opportunities (CSO) Fund
PAG’s CSO fund seeks to deliver attractive risk-adjusted returns across market cycles through investments primarily in the convertible bond universe as well as complementary securities and hedges, primarily in Asia-Pacific. The Fund invests across the capital structure, with a focus on structural credit and equity-linked investments, and opportunistically in credit, equity derivatives, and equity strategies.
The PAG Pegasus Fund is a concentrated, long-biased equity strategy that seeks outsized returns by targeting opportunities related to industry disruption and market dislocations globally, with a focus on Asia-Pacific. Up to 50% may be invested in private companies.