Monday, 3 August 2015
Last updated 7 hours ago
Nov 19 2013 | 10:59am ET
Hong Kong alternative investments firm PAG has raised US$1.5 billion for a new distressed opportunities vehicle.
The fund, raised by the firm's real-estate business, will focus on distressed real-estate and debt investments in Asia. It has already closed 11 deals since fundraising began two years ago.
PAG's Secured Capital division had targeted just US$1 billion for the fund, which is managed from Japan.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…