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PAG targets roughly $4bn for new Asia buyout fund

privateequitywire

3 weeks ago

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Asia-focused investment firm PAG is preparing to raise around $4bn for a new buyout fund, according a report by Reuters citing unnamed people familiar with the plans, as it seeks to broaden its investment footprint beyond its historically strong exposure to China.
The firm has begun discussions with limited partners about the fundraising, although the final target has yet to be set. The vehicle could ultimately target between $4bn and $5bn, with an initial fundraising deadline expected before th...

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