In the news

PAG Closes First Renewable Energy-Focused Fund at USD550 Million

PAG, a leading Asia Pacific-focused alternative investment manager, announced today that it has closed its first renewable energy-focused fund, PAG REN I, with a total of USD550 million in capital commitments.

PAG, CITIC Capital, Ares join forces with ADIA subsidiary and Mubadala to invest in Newland Commercial Management, the largest shopping mall manager in the world

Investment of over USD8 billion marks one of the largest ever private equity transactions in China

Interview: PAG's Chris Gradel on Seizing the Moment

Chris Gradel, CEO and Co-founder of PAG, talks to PERE about the expanding opportunities for private real estate debt in Asia-Pacific, and why non-bank lenders are well-positioned to capitalize on the confluence of economic growth, regulatory changes and, more recently, spiking interest rates.

PAG China to Establish in Suzhou

PAG announced today that it has signed a cooperation agreement with the Suzhou New District to establish PAG China in Suzhou.

PAG and Dalian Wanda Commercial Management Group Announce New Agreement

PAG, a leading Asia-focused private equity investment group, and Dalian Wanda Commercial Management Group Co. Ltd. announce that they signed a new investment agreement. Dalian Wanda is the parent company of Zhuhai Wanda Commercial Management Group Co., Ltd.

PAG-backed AirPower Technologies Wins ESG Excellence Award

AirPower Technologies Limited, the leading independent industrial gases supplier in China and a PAG portfolio company, has won the 2023 HKVCA ESG Award of Excellence.

PAG Joins Steering Committee of ESG Data Convergence Initiative

PAG, a leading APAC-focused alternative investment firm, is delighted to share that the firm has been selected as a Steering Committee Member of the ESG Data Convergence Initiative (“EDCI”).

PAG Renewables Announces Landmark 30-Year Corporate PPA

30-year corporate PPA is the first of its kind in Japan

Interview: Asia Real Estate 'A Different World'

PAG Real Assets co-heads Broderick Storie and Phi Le explore the many differences between APAC's real estate markets and those in North America and Europe in an exclusive interview with PERE magazine.

PAG to Acquire Australian Venue Co from KKR

Global investment firm KKR and PAG, a leading alternative investment firm focused on Asia Pacific, today announced the signing of definitive agreements under which PAG will acquire KKR’s controlling interest in Australian Venue Co.