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PAG targets $9bn for fourth buyout fund: Reuters

PAG, an Asia-focused investment firm, is seeking to raise $9 billion for its fourth buyout fund, reported Reuters.

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fundraising

PAG, an Asia-focused investment firm, is seeking to raise $9 billion for its fourth buyout fund, reported Reuters. The newswire noted that the firm expects the first close of the fund to be in mid-2022. In 2018, PAG raised $6 billion for its previous fund. Currently, PAG manages $45 billion in assets.

Source: Reuters