Ex-TPG Star Shan Nets US$1.7B For China-Focused P.E. Fund

Jul 12 2011 | 12:35pm ET

A former Texas Pacific Group executive has helped his new firm raised US$1.7 billion for its next buyout fund.

Weijan Shan has focused on fundraising for the new Pan-Asia, China-focused p.e. fund since November. Jong Kong-based PAG said today that it hopes to raise a total of US$2.5 billion for PAG Asia I over the next several months. Among the new fund's investors are some of TPG's institutional investors.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…