Catch the video of fireside chat with PAG Group CEO Weijian Shan

One of Asia’s largest alternative asset managers, PAG, has invested close to $8 billion this year, in spite of the COVID-19 pandemic and restrictions.

Based in Hong Kong, PAG has $40 billion in assets under management across three core businesses, namely private equity, real estate, and absolute returns.

The firm expects to deploy about $2 billion in PE investments in 2020, the same as in 2019, PAG Group Chairman and CEO Weijian Shan told DealStreetAsia in a fireside chat at the Asia PE-VC Summit 2020.

“Our best deals tend to be done during the crises,” he said. “If you find the right business, the crisis is probably a time as good as any other times to make investments because the market is down, especially in the private market – if not in the public market.”

Shan leads the PE strategy at PAG. The firm has raised four vehicles, including the buyout focused PAG Asia III, which closed in 2018 at $6 billion, and the growth-focused PAG Growth I, which raised $350 million in capital commitments in the same year.

 

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.