PAG closes fifth credit fund on $2.6bn
PAG has closed its fifth pan-Asian private credit fund at the hard cap with USD 2.6bn. It is said to be the largest direct lending fund raised in the region to date.
PAG Loan Fund V received commitments from more than 20 LPs across North America, Europe, the Middle East, and Asia Pacific. These include sovereign wealth funds, pension funds, and endowments. PAG’s...
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