In the news

PAG to Receive Strategic Minority Investment from Blackstone Fund

Blackstone (NYSE: BX) announced today that its Strategic Capital Holdings Fund has acquired a passive minority stake in PAG, a leading Asia-focused alternative investment firm.

PAG Acquires Control of Zhenai.com, China’s Largest Online Matchmaking Business

Zhenai Inc., China's largest matchmaking and dating service provider, announces that PAG has closed the acquisition of a super-majority controlling interest in Zhenai.

PAG Asia Capital Wins Deal of the Year, Exit of the Year at AVCJ

On Nov. 13 PAG Asia Capital was recognized with three major awards by AVCJ for the recent acquisition of Yingde Gases (Deal of the Year – Large Cap); the recent exit of Universal Studios Japan (Exit of the Year – Large Cap); and Investment of the 1990s for PAG CEO and Chairman Weijian Shan, for his acquisition of Korea First Bank with Newbridge Capital.

Food Union Group Receives USD225 Million Investment From PAG And Meridian Capital

Food Union Group, an international group of dairy and ice cream producing companies with a leading market share in Northern Europe, has received a combined USD 225 million investment from PAG, one of Asia’s largest private equity firms, and Meridian Capital, an existing investor.

PAG Acquires The Cheesecake Shop

PAG completed the 100% acquisition of The Cheesecake Shop, Australia's largest specialist cake retailer through a franchise network of over 200 stores across Australia, New Zealand and the UK.

PAG Asia Capital to Invest in Paradise Group Holdings

PAG Asia Capital (PAG) will make an investment in Paradise Group Holdings Pte. Ltd. (Paradise Group), one of the leading restaurant groups in Southeast Asia, the two companies announced today.

PAG Announces Closing of US$1.3B PAG Real Estate Partners Fund

PAG announces a further closing of PAG Real Estate Partners Fund (PREP), the company’s pan-Asian real estate fund, at a total of US$1.3 billion in capital commitments.

Apex Technology and PAG Lead Acquisition of Lexmark

A consortium led by Apex Technology Co. Ltd. and PAG Asia Capital and including Legend Capital Management Co. Ltd. announced today a definitive merger agreement with global printing and imaging solutions provider Lexmark International.

PAG Asia Capital Announces Closing of Second Pan-Asia Buyout Fund

PAG announces the closing of PAG Asia II LP, its second pan-Asia private equity buyout fund, at a total of US$3.6 billion in capital commitments. The fund held only one closing on December 18, 2015 as it was oversubscribed.

PAG acquires US$1 billion property portfolio from GE in Japan

PAG Real Estate Partners (PREP), one of the real estate strategies managed by PAG, a leading Asia-focused alternative investment manager, has acquired a circa US$1 billion property portfolio from GE Japan Corporation.