Asian Private Equity Firm PAG Weighs Hong Kong IPO
- PAG has been speaking with advisers on a possible listing
- PAG manages $45 billion across three main businesses
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Asia-focused investment firm PAG is considering an initial public offering in Hong Kong, according to people with knowledge of the matter, in what would be one of the biggest listings by a buyout firm in the region.
PAG has been speaking with advisers about a potential listing, the people said, asking not to be identified as the information isn’t public. It could aim to raise around $2 billion if it decides to go ahead, the people said.