PAG

Founded in 2002 as Pacific Alliance Group, PAG has evolved into a leading alternative investment firm in the Asia-Pacific region. The firm was built through the integration of three distinct strategies: a multi-strategy hedge fund business founded by Chris Gradel, a Japanese real estate platform (Secured Capital Japan) led by Jon-Paul Toppino, and a private equity business established by Weijian Shan in 2010. The firm rebranded to PAG in 2011 to unify these businesses under a single global brand.

The firm operates three primary divisions: Private Equity, Real Assets, and Credit & Markets. It has attracted significant global interest, including a minority investment from Blackstone Group in 2018 and backing from the Abu Dhabi Investment Authority. PAG is known for managing flagship funds such as PAG Asia Capital and PAG Growth Capital, and it recently raised one of the region's largest real estate funds focused on the Japanese market.

PAG is active in large-scale buyouts and strategic investments across Asia and Australia. Notable activities include the successful acquisition and merger of DTZ with Cushman & Wakefield, large-scale technology deals like the acquisition of Lexmark, and significant expansions into the Australian consumer and hospitality sectors through the purchase of Craveable Brands and Australian Venue Co.