PAG nears final close of second Asia realty fund at $2.25b: Report

PAG nears final close of second Asia realty fund at $2.25b: Report

Victoria Peak, Hong Kong. Photo by Florian Wehde on Unsplash

Hong Kong-based private equity firm PAG is set to make a final close at $2.25 billion for its Asia-focused core-plus real estate vehicle PAG Real Estate Partners II within the next two months, according to a report from PERE on Monday.