HK-based PE firm PAG closes second growth fund at $525m, exceeds target

Hong Kong-based, Asia-focused private equity firm PAG announced the final close of PAG Growth II, its second growth-focused PE fund, with total capital commitments of $525 million.

The capital commitments in the final close exceeded the $500-million target set for the fund. The firm closed Growth Fund I at $350 million in 2018.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter