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About PAG

PAG is a private equity firm founded in 2002. It is primarily based in China. As of Nov 2026, PAG is an active investor with a portfolio of 47 companies, comprising 47 funding rounds and 35 acquisitions. In the last 12 months, it has participated in 1 funding round and has made 2 acquisitions. The firm primarily invests in companies based in China and United States. Its portfolio is spread across a wide range of sectors from Life Sciences to High Tech. Most recently it acquired stakes in Evergrande Property on Oct 30, 2026. 
A lot of funds co-invest with PAG, with names like Advantech Capital sharing a substantial percentage of its portfolio. 
PAG has a team of 95 people, including 33 partners.
Key Metrics
Founded Year
2002
Location
Portfolio Companies
Portfolio Sectors
Portfolio Locations
Investment Deals

PAG's Portfolio

PAG has a portfolio of 47 companies. They have invested in a total of 47 companies. Their most recent investment was in ROKIT Healthcare (Post IPO round) on Mar 10, 2026. Here are the most recent investments by PAG:
Date
Company
Round
Amount
Co-Investors
Mar 10, 2026
Post IPO
6530
Oct 08, 2025
Post IPO
1093
Aug 19, 2024
Post IPO
9483
-
Aug 14, 2024
Series B
6421
PAG has acquired 35 companies. Their most recent acquisition was of Evergrande Property on Oct 30, 2026. Here are the most recent acquisitions by PAG:
Acquisition Date
Company
Short Description
Total Funding
Founded Year
Oct 30, 2026
Provider of comprehensive services, including urban infrastructure management, greening landscape maintenance, and order management, to create high-end residential and commercial communities
-
1997
Dec 24, 2025
Developer of commercial properties, hotels, and mixed-use facilities for lease
-
1988
Jul 31, 2025
Integrated poultry producer offering safe, nutritious chicken products for global consumers
-
1997
Jan 10, 2025
Provider of primary and secondary packaging solutions including cartons, labels, leaflets, and aluminum foil printing
-
1999
Here is the portfolio snapshot of PAG:
Investments by Year
The maximum number of investments were made in 2021
Investments by Year - The maximum number of investments were made in 2021# Investments20262024202220202018Year
Acquisitions by Year
The maximum number of acquisitions were made in 2022
Acquisitions by Year - The maximum number of acquisitions were made in 2022# Acquisitions20262024202220202018Year
Portfolio by Location
Companies are primarily in China and United States
Portfolio by LocationChinaUnited States
Portfolio by Sector
Companies are primarily in Life Sciences
Portfolio by SectorLife SciencesHigh Tech

Team profile of PAG

PAG has a team of 95 members including 33 Partners and 22 Principals located in China, Australia and 7 more locations. PAG's team sits on the board of 3 companies.
Here is a list of top team members in PAG:
Name
Designation
Location
Board Memberships
Contact Details
Partner
Hong Kong
-
-
Partner
Mumbai
Partner
Hong Kong
-
Partner
Hong Kong
-
Partner
Japan
-
-
Partner
Jing an
-
Partner
Sydney
-
Partner
Jing'an
-
Partner
Hong Kong
-
Partner
Singapore
-

Co-investors of PAG

Over the past 24 years, 55 investors have co-invested in PAG's portfolio companies.

  • Top Co-investors of PAG: 55 investors entered a company along with PAG. These include investors like Advantech Capital (2 companies).

PAG News

•
PAG targets roughly $4bn for new Asia buyout fundPrivate Equity Wire•Aug 19, 2026•PAG
View more PAG News

FAQs about PAG

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