In the news

PAG Acquires Control of Hisun BioRay

PAG has acquired a controlling stake in leading biopharmaceuticals company Hisun BioRay for approximately US$540 million in the largest private equity investment in China's biotechnology industry to date

PAG to Acquire Craveable Brands from Archer Capital

Craveable is the largest Australian-owned operator of quick service restaurants with over 580 stores across Australia under the Oporto, Red Rooster and Chicken Treat brands

PAG Eyes Deploying More Capital in India

Nikhil Srivastava to join PAG as Managing Director and head of India private equity

PAG Announces Launch of Polymer Capital Management

PAG and Angus Wai are pleased to announce the formation of a new Asian equity-focused, market-neutral hedge fund platform, Polymer Capital Management

PAG Asia Capital Announces Close of Third Asia Buyout Fund

PAG, the leading private equity firm, announced today the closing of PAG Asia III L.P., its third Asia-focused private equity buyout fund, at a total of US$6 billion in capital commitments, after being in the market since June

PAG Announces Closing of Third Asia Loan Fund

PAG, the leading Asia-focused alternative asset manager, announces the closing of PAG Asia Loan Fund III LP, its third pan-Asia direct lending fund, at a total of US$950 million in capital commitments.

Joyson and PAG fund KSS to Acquire Air-Bag Maker Takata in Asset Deal

Newly merged company branded Joyson Safety Systems based in Michigan

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.