PAG aims to raise around US$2bn via its Hong Kong IPO. PAG is an alternative investment firm focused on Asia-Pacific (APAC), it had approximately US$50bn in assets under management (AUM), as of Dec 21. It operates in the alternative asset management sector, which comprises asset classes such as private debt, private equity, venture capital, real estate, infrastructure and hedge funds. As of Dec 21, it had US$21bn AUM in Credit & Markets, US$17bn in Private Equity and US$9bn in Real Assets. PAG...
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