Blackstone Fund Invests in PAG

Posted on 03/31/2018


Hong Kong-based PAG, also known as Pacific Alliance Group, received investment from the Blackstone Group. Blackstone’s Strategic Capital Holdings Fund, which managed US$ 3.3 billion, acquired a minority stake in PAG. PAG runs real estate, hedge fund and private equity strategies. In late 2017, PAG hired the quantitative investment and research team that was at […]